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CBE auctions EGP 30bn T-bills on Thursday

CBE auctions EGP 30bn T-bills on Thursday
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Cairo – Mubasher: The Central Bank of Egypt (CBE) issued treasury bills (T-bills) at a total value of EGP 30 billion through two tranches on Thursday, 4 August.

The first offering was valued at EGP 14.50 billion, carrying a maturity period of 182 days until 7 February 2023, according to official data.

Meanwhile, the second tranche stood at EGP 15.50 billion, holding a 364-day tenor until 8 August 2023.

On 31 July, the CBE auctioned T-bills worth EGP 21.50 billion through two issues.