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CBE issues EGP 21.5bn T-bills on Sunday

CBE issues EGP 21.5bn T-bills on Sunday
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Cairo – Mubasher: The Central Bank of Egypt (CBE) auctioned treasury bills (T-bills) at a combined value of EGP 21.50 billion through two offerings on Sunday, 14 August.

Holding a 91-day tenor until 15 November 2022, the first issue stood at EGP 14 billion, according to official data.

Meanwhile, the second tranche was valued at EGP 7.50 billion, carrying a maturity period of 273 days until 16 May 2023.

On 11 August, the CBE offered T-bills at an aggregated value of EGP 31 billion through two issues.