Cairo – Mubasher: The Central Bank of Egypt (CBE) issued treasury bills (T-bills) worth EGP 40 billion through two auctions on Sunday, 21 May.

With a 91-day tenor until 22 August 2023, the first tranche stood at EGP 23 billion, according to official data.

The second offering was valued at EGP 17 billion and will mature in 273 days on 20 February 2024.

On 18 May, the CBE auctioned T-bills at an aggregated value of EGP 39.50 billion through two issues.