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CBE offers EGP 26bn T-bills on Thursday

CBE offers EGP 26bn T-bills on Thursday
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Cairo – Mubasher: The Central Bank of Egypt (CBE) auctioned treasury bills (T-bills) at a total value of EGP 26 billion through two tranches on Thursday, 1 December.

The first offering stood at EGP 4.50 billion and will mature in 182 days on 6 June 2023, according to official data.

Meanwhile, the second auction was valued at EGP 21.50 billion, carrying a tenor of 364 days until 5 December next year.

On 27 November, the CBE offered T-bills at a combined value of EGP 28.50 billion through two issues.