The Central Bank of Egypt (CBE) plans to auction treasury bills and bonds at a total value of 1.1 billion dollars on Tuesday.
The CBE said it will sell one-year bonds (maturing in December 13, 2016).
The auction deadline is December 14 while the settlement date is December 15, the bank said.
Eligible subscribers are Egyptian banks and foreign financial institutions, it said.
Last month, CBE auctioned treasury bills and bonds at a total value of 700 million euros in order to meet government needs and pay its hard currency obligations.
Name (required) *
E-mail (required, but will not be published) *
Notify me of follow-up comments
Tamim Iqbal scored his eighth Test century before Moeen Ali took 5-57 to spark a spectacular collapse as England dismissed Bangladesh for…
The facade of the world's tallest building, the Burj Khalifa in the Gulf emirate of Dubai, was lit up in pink Thursday…
It took just seven days for "Wizard of Oz" nostalgics to raise more than $300,000 in a crowdfunding drive to restore Dorothy's…
Powered and Developed by FilmMatters
Copyright © 2016 Arabtoday