The Central Bank of Egypt announced the issuance of a new batch of Initial Public Offering (IPO) worth 7.5 bln pounds for 91-273 days, Al-Bawaba News reported Saturday. CBE stated that a EGP 3 bln batch will be released in the first 91 days, while the 273 days will witness another batch of EGP 4.5 bln. Finance Ministry seeks to issue IPO worth EGP262 billion during the first quarter of FY 2015-2016, compared to EGP217 billion during the same period in FY 2014-2015.