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CBE auctions EGP 22bn T-bills on Thursday

CBE auctions EGP 22bn T-bills on Thursday
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Cairo – Mubasher: The Central Bank of Egypt (CBE) has auctioned treasury bills (T-bills) at an aggregated value of EGP 22 billion through two tranches on Thursday, 28 April.

With a 91-day tenor until 2 August this year, the first offering stood at EGP 13 billion, according to official data.

Meanwhile, the second issue was valued at EGP 9 billion, holding a maturity period of 273 days until 31 January 2023.

Last week, the CBE offered T-bills at a total value of EGP 24 billion through two issues.