A file photo of the finance ministry in Cairo (Photo: Al-Ahram)
Egypt’s finance ministry plans to auction off treasury bills and bonds at a total value of EGP 153.5 billion in November.
In an online statement, the ministry said it will offer 91-day, 182-day, 273-day and 364-day treasury bonds and bills for EGP 38.5, 38, 34 and 37.5 billion respectively.
Three-year bonds (maturing in August 2021) worth 1.7 billion and five-year bonds (maturing in October 2023) amounting to EGP 1.5 billion will also be offered, the statement said.
The ministry also said that it will auction seven-year bonds (maturing in August 2025) at EGP 1.2 billion and 10-year bonds (maturing in November 2028) at EGP 1 billion.
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