The Central Bank of Egypt (CBE) will issue Monday on behalf of the Ministry of Finance, treasury bills with a total value estimated at EGP6 billion, Youm7 News reported. The value of the first IPO treasury bills for 1.5 years is EGP 1 billion, while the second IPO is worth EGP 3.2 billion for 3 years and the third IPO is worth EGP 1.7 billion for 7 years. It is expected that the deficit in the state budget for the current fiscal year to reach EGP 240 billion pounds, and to be reduced through Arab and international aids plus treasury bonds issued on behalf of the Ministry of Finance.