T-bills, bond issuances to rise 25% YoY in July – MoF

Cairo – Mubasher: Egypt’s Ministry of Finance (MoF) plans to issue treasury bills (T-bills) and bonds during July 2017 at a value of EGP 110.75 billion, compared to EGP 88.6 billion in July 2016, an increase of 25%.

The total value of treasury bills is estimated at EGP 104.25 billion, while that of bonds amounts to EGP 6.5 billion, the MoF added.

The ministry intends to issue T-bills and bonds at a value of EGP 371 billion in the first quarter of the fiscal year 2017/2018.

Mubasher Contribution Time: 29-Jun-2017 10:15 (GMT)
Mubasher Last Update Time: 29-Jun-2017 10:15 (GMT)