This content is from: Innovation

Egypt Offers $1.1B In Treasury Bills

Egypt’s central bank has raised $1.1 billion in a sale of treasury bills.

Egypt’s central bank has raised $1.1 billion in a sale of treasury bills, Bloomberg reports. The ministry of finance offered $510 billion of 91- day bills and $595 million of 266-day notes.

The government also raised $595 billion from the sale of 182-day bills on Feb. 10, 2011. The North African country sold the notes after the resignation of President, Hosni Mubarak.

Click here for the story from Bloomberg.

Related Content