Cairo – Mubasher: The Central Bank of Egypt (CBE) issued treasury bills (T-bills) worth EGP 39.50 billion through two auctions on Thursday, 11 May.

With a 182-day maturity period until 14 November 2023, the first tranche was valued at EGP 16 billion, according to official data.

Meanwhile, the second issue stood at EGP 23.50 billion, holding a tenor of 364 days until 14 May 2024.

Last week, the CBE offered T-bills at a combined value of EGP 39.50 billion through two tranches.