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CBE offers EGP 43.5bn T-bills on Thursday

CBE offers EGP 43.5bn T-bills on Thursday
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Cairo – Mubasher: The Central Bank of Egypt (CBE) offered treasury bills (T-bills) at a combined value of EGP 43.50 billion through two auctions on Thursday, 23 March.

The first issue stood at EGP 20 billion and will mature in 182 days on 26 September 2023, according to official data.

Meanwhile, the second offering was valued at EGP 23.50 billion, holding a 364-day tenor until 26 March 2024. 

Earlier this week, the CBE issued T-bills at a total value of EGP 35 billion through two tranches.