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Monday, 18 November 2019

Egypt's finance ministry to auction T-bonds worth EGP 498.7 bln

MENA , Sunday 30 Sep 2018
Mohamed Maait
Minister of Finance Mohamed Maait (Photo: Ahram Arabic news website)
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Egypt's finance ministry intends to auction treasury bonds at a total value of EGP 498.750 billion during the second quarter (October-December) of the fiscal year 2018-2019.

In an online statement on Sunday, the ministry said it will be selling 91, 182, 273 and 364-day bonds at  EGP 125.250 billion, EGP 123.5 billion, EGP 110.750 billion and EGP 121.5 billion respectively.

It will also sell three-year bonds maturing August 2021 at EGP 4.250 billion, and three-year bonds maturing December 2021 at EGP 1.5 billion.

Five-year bonds worth EGP 4.750 billion, seven-year bonds worth EGP 4 billion and 10-year bonds (maturing May 2028) and 10-year bonds (maturing November 2028) worth EGP 1 billion and 2.250 billion respectively will also be sold. 

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