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CBE offers EGP 27.5bn T-bills on Sunday

CBE offers EGP 27.5bn T-bills on Sunday
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Cairo – Mubasher: The Central Bank of Egypt (CBE) issued treasury bills (T-bills) worth EGP 27.50 billion through two auctions on Sunday, 6 November.

The first issue stood at EGP 7.50 billion, carrying a tenor of 91 days until 7 February 2023, according to official data.

Meanwhile, the second tranche was valued at EGP 20 billion and will mature in 273 days on 8 August next year.

On 3 November, the CBE auctioned T-bills at a total value of EGP 25.50 billion through two issues.