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Ministry of Finance sells EGP 124bn worth of T-bills, bonds

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Sales came during Q2 of FY 2012/2013

The Ministry of Finance has announced that it has so far sold EGP 124.123bn worth of treasury bills and bonds during the second quarter of the 2012/2013 fiscal year (DNE Photo)

The Ministry of Finance has announced that it has so far sold EGP 124.123bn worth of treasury bills and bonds during the second quarter of the 2012/2013 fiscal year
(DNE Photo)

The Ministry of Finance has announced that it has so far sold EGP 124.123bn worth of treasury bills and bonds during the second quarter of the 2012/2013 fiscal year.

Bills sold had 91, 182, 273 and 364 day maturities, while bonds sold had anywhere from three, five, seven and 10 year maturities.

Sales from treasury bills with 91, 182, 273, and 364 day maturities totalled EGP 11.9bn, EGP 25.5bn, EGP 33.573bn and EGP 36.4bn, respectively.

Bonds with 3, 5, 7 and 10 year maturities sold a total of EGP 6bn, EGP 5.5bn, EGP 4bn, and EGP 1.25bn, respectively.

Regarding treasury bonds sold in foreign currency during the second quarter of the 2013/2013 fiscal year, the Ministry stated that Euro-denominated bills with 364 day maturities totalled €4.996bn, with those dollar-denominated bills totalling $2.973bn.

Total sales for treasury bills and bonds for the first quarter of the 2012/2013 fiscal year lasting from July to September 2012 totalled EGP 177.310bn.


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