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CBE auctions EGP 20bn T-bills on Thursday

CBE auctions EGP 20bn T-bills on Thursday
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Cairo – Mubasher: The Central Bank of Egypt (CBE) has issued treasury bills (T-bills) at a combined value of EGP 20 billion through two tranches on Thursday, 23 June.

The first issue was valued at EGP 12 billion, holding a tenor of 182 days until 27 December this year, according to official data.

The second tranche stood at EGP 8 billion, carrying a 364-day maturity period until 27 June 2023.

On 19 June, the CBE offered T-bills at an aggregated value of EGP 22 billion through two issues.