Egypt to offer $1 bln in 1-year USD T-bills
Cairo - Arabstoday
Egypt\'s central bank said on Tuesday it would offer $1 billion in dollar-denominated 1-year treasury bills at an auction on Wednesday, its third dollar offering since 29 November, as the government struggles to finance its budget deficit. The deficit burgeoned after last year\'s popular uprising and the finance minister said in October liquidity at domestic banks had almost been exhausted. The new dollar T-bills will be issued on Wednesday and will mature on 15 January, 2013, the bank said.
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Beirut - NNA
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Paris - Emiratesvoice
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Taipei - Emiratesvoice
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Paris - Emiratesvoice
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Paris - Emiratesvoice
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