Cairo – Mubasher: The Central Bank of Egypt (CBE) auctioned treasury bills (T-bills) at a combined value of EGP 25.50 billion through two offerings on Thursday, 20 October, according to official data.

The first issue stood at EGP 4.50 billion and will mature in 182 days on 25 April 2023. Meanwhile, the second tranche was valued at EGP 21 billion, holding a tenor of 364 days until 24 October next year.

On 16 October, the CBE offered T-bills worth EGP 28.50 billion through two auctions.