Central Bank of Egypt (CBE) will offer Sunday treasury bills of EGP 7.5 billion to reduce the country's budget deficit, Al- Bawaba News reported Saturday. A total of EGP three billion will be offered as 91-days treasury bills while EGP 4.5 billion a 266-day bills. Egypt's budget deficit is expected to reach 240 billion pounds at the end of 2015/2016 fiscal year, according to financial analysts. this deficit has been reduced through Arab and international aids plus treasury bonds issued on behalf of the Ministry of Finance.