Finance Ministry plans to auction LE153.5B T-bonds, bills in Nov.

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Thu, 01 Nov 2018 - 02:47 GMT

BY

Thu, 01 Nov 2018 - 02:47 GMT

FILE - CBE

FILE - CBE

CAIRO - 1 November 2018: The Finance Ministry plans to auction treasury bills and bonds at a total value of LE 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 LE 38.5, 38, 34 and 37.5 billion respectively.

Also, a three-year bonds (maturing in August 2021) worth 1.7 billion and five-year-bonds (maturing in October 2023) amounting to LE1.5 billion, the statement added.

The ministry added that it will auction seven-year bonds (maturing in August 2025) at LE 1.2 billion and ten-year bonds (maturing in November 2028) at LE 1 billion, the statement read.

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