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CBE issues EGP 35bn T-bills on Sunday

CBE issues EGP 35bn T-bills on Sunday
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Cairo – Mubasher: The Central Bank of Egypt (CBE) offered treasury bills (T-bills) at a total value of EGP 35 billion through two tranches on Sunday, 5 February, according to official data.

The first issue stood at EGP 13.50 million, holding a tenor of 91 days until 9 May 2023.

Meanwhile, the second auction was valued at EGP 21.50 billion and will mature in 273 days on 7 November this year.

On 2 February, the CBE offered T-bills at an aggregated value of EGP 43.50 billion through two issues.