Egypt’s c.bank to auction EGP 5.25bn in T-bonds 23 Nov

Cairo – Mubasher: The Central Bank of Egypt said it will issue treasury bonds Monday at a total value of EGP 5.25 billion.

5-year bonds will be issued at a value reaching EGP 3 billion, while 10-year bonds will be issued at EGP 2.25 billion.

The country's budget deficit widened to EGP 68.3 billion, or 2.4% of gross domestic product (GDP), during the period July-August 2015.

Mubasher Contribution Time: 23-Nov-2015 07:24 (GMT)