The Central Bank of Egypt (CBE) will raise Sunday, treasury bills with a total estimated value of EGP7.5 billion, Al-Bawaba News reported. The value of the first IPO treasury bills for 91 days amounts 3 billion pounds, the second IPO worth 4.5 billion pounds for 273 days. Ministry of Finance stated that the budget deficit during the period of July to October of 2015/2016 amounts TO 96.7 billion pounds, with 3.4% of GDP compared to the previous fiscal year.