Egypt to offer $1 billion treasury bills at auctionJanuary 17, 2012 - 12:37 AMT PanARMENIAN.Net - Egypt's central bank said on Tuesday, Jan 17, it would offer $1 billion in dollar-denominated 1-year treasury bills at an auction on Wednesday, its third dollar offering since November 29, as the government struggles to finance its budget deficit, according to Reuters. 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 January 15, 2013, the bank said. Azerbaijani authorities report that they have already resettled 3,000 people in the Nagorno-Karabakh town of Stepanakert. On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit. Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. Partner news |