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Egypt plans to issue T-bills, notes at LE 475.5 bn in Q1 of 2018/19 FY

The Egyptian Ministry of Finance plans to auction treasury bills and bonds at a total value of LE 475.5 billion during the first quarter of the 2018-2019 fiscal year (ie from July to September).

The ministry will issue 91-,182-, 273- and 364 day T-bills at LE 108.250, 108.250, 105, 111.5 8 billion respectively.

The ministry added it will auction 3-year T-notes at 8 billion with its maturity date in July 2021.

It will also issue 3-year T-notes at LE 4 billion with its maturity date in September 2021.

 The ministry will also issue 5-year T-notes at LE 12.5 billion with its maturity date in July 2023.

The ministry will also issue 7-year T-notes at LE 6 billion and 8-year T-notes at LE 3 billion with their maturity dates in August 2025 and July 2026 respectively.

The ministry will also issue 10-year T-notes at LE 9 billion with its maturity date in May 2027.

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