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CBE auctions EGP 12.5 T-bills on Sunday

CBE auctions EGP 12.5 T-bills on Sunday
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Cairo - Mubasher: The Central Bank of Egypt (CBE) has offered, on 20 February, treasury bills (T-bills) worth EGP 12.5 billion over two issues, according to official data.

The first offering stood at EGP 3 billion, carrying a 91-day maturity period until 24 May 2022.

The second tranche was valued at EGP 9.5 billion and will mature in 273 days on 22 November 2022.

It is worth noting that on 17 February, the CBE offered EGP 20 billion T-bills through two tranches.