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CBE issues EGP 43.5bn T-bills on Thursday

CBE issues EGP 43.5bn T-bills on Thursday
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Cairo – Mubasher: The Central Bank of Egypt (CBE) auctioned treasury bills (T-bills) worth EGP 43.50 billion through two offerings on Thursday, 19 January.

The first issue was valued at EGP 20.50 billion and will mature in 182 days on 25 July 2023, according to official data.

Meanwhile, the second tranche stood at EGP 23 billion, carrying a tenor of 364 days until 23 January 2024.

On 15 January, the CBE offered T-bills at an aggregated value of EGP 34 billion through two auctions.