The Ministry of Finance plans to auction treasury bills at a total value of EGP 262 billion in the first quarter of the 2015-2016 fiscal year.

In a statement, the ministry said it will sell EGP 35.5 billion of 91-day T-bills, EGP 42.5 billion of 182-day T-bills, EGP 56 billion of 273-day T-bills and EGP 55.5 billion of 364-day T-bills.

Three-year T-bills will be sold at EGP 12 billion, 5-year T-bills at EGP 15 billion and 7-year T-bills at EGP 3.5 billion.