The Finance Ministry, via the Central Bank of Egypt, is set on Thursday to borrow a total of 10.7 billion EGP (around $1.2 billion) through treasury bills (T-Bill), Youm7 reported.
The auction is divided into two installments: the first 182-day-term treasury bonds are to the value of 4.7 billion EGP, while the second 364-day-term bills’ value is estimated at 6 billion EGP.