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CBE offers EGP 30bn T-bills on Thursday

CBE offers EGP 30bn T-bills on Thursday
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Cairo – Mubasher: The Central Bank of Egypt (CBE) auctioned treasury bills (T-bills) worth EGP 30 billion through two issues on Thursday, 1 September.

The first offering stood at EGP 14.50 billion, holding a tenor of 182 days until 7 March 2023, according to official data.

The second issue was valued at EGP 15.50 billion and will mature in 364 days on 5 September next year.

On 28 August, the CBE offered T-bills at an aggregated value of EGP 21.50 billion through two tranches.