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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) worth EGP 28.50 billion through two tranches on Sunday, 13 November.

The first issue stood at EGP 8 million, holding a tenor of 91 days until 14 February 2023, according to official data.

Meanwhile, the second auction was valued at EGP 20.50 billion and will mature in 273 days on 15 August next year.

On 10 November, the CBE offered T-bills at a total value of EGP 26.50 billion through two issues.