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CBE auctions EGP 19bn T-bills on Thursday

CBE auctions EGP 19bn T-bills on Thursday
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Cairo – Mubasher: The Central Bank of Egypt (CBE) has issued treasury bills (T-bills) at a total value of EGP 19 billion through two tranches on Thursday, 19 May.

The first offering stood at EGP 12 billion, carrying a 182-day maturity period until 22 November this year, according to official data.

The second tranche was valued at EGP 7 billion, holding a tenor of 364 days until 23 May 2023.

On 15 May, the CBE auctioned T-bills at an aggregated value of EGP 22 billion through two issues.