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Egypt plans new $1.1-billion bill sale

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Bloomberg
Last Updated : Jan 25 2013 | 2:53 AM IST

Egypt plans to sell 6.5 billion Egyptian pounds ($1.1 billion) of treasury bills today, the first auction after the resignation of President Hosni Mubarak.

The Ministry of Finance will offer 3 billion pounds of 91-day bills and 3.5 billion pounds of 266-day notes. The government raised 3.5 billion pounds from the sale of 182-day bills on February 10.

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First Published: Feb 14 2011 | 12:19 AM IST

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