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CBE issues EGP 28.5bn T-bills on Sunday

CBE issues EGP 28.5bn T-bills on Sunday
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Cairo – Mubasher: The Central Bank of Egypt (CBE) auctioned treasury bills (T-bills) at a total value of EGP 28.50 billion through two tranches on Sunday, 30 October, according to official data.

The first issue stood at EGP 8 billion, holding a tenor of 91 days until 31 January 2023.

Meanwhile, the second auction was valued at EGP 20.50 billion and will mature in 273 days on 1 August next year.

On 27 October, the CBE offered T-bills worth EGP 26.50 billion through two issues.