Mubasher TV
Contact Us Advertising   العربية

CBE auctions T-bills worth EGP 28.5bn on Sunday

CBE auctions T-bills worth EGP 28.5bn on Sunday
Photo Archive

Cairo – Mubasher: The Central Bank of Egypt (CBE) issued treasury bills (T-bills) at an aggregated value of EGP 28.50 billion through two tranches on Sunday, 27 November.

Holding a 91-day maturity period until 28 February 2023, the first auction was valued at EGP 8 billion, according to official data.

The second offering stood at EGP 20.50 billion and will mature in 273 days on 29 August next year.

On 24 November, the CBE auctioned T-bills worth EGP 26.50 billion through two issues.