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CBE issues EGP 7bn T-bills on Sunday

CBE issues EGP 7bn T-bills on Sunday
Photo Credit: Arabianeye-Reuters

Cairo – Mubasher: The Central Bank of Egypt (CBE) said it will issue treasury bills worth EGP 7 billion on behalf of the ministry of finance.

The first tranche due in 91 days is worth EGP 2.5 billion in T-bills, while the second tranche amounts to EGP 4.5 billion and matures in 266 days.