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CBE auctions EGP 46.5bn T-bills on Thursday

CBE auctions EGP 46.5bn T-bills on Thursday
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Cairo - Mubasher: The Central Bank of Egypt (CBE) offered treasury bills (T-bills) worth EGP 46.50 billion through two auctions on Thursday, 2 November 2023.

The first issue was valued at EGP 20 billion and will mature in 182 days on 7 May 2024, according to official data.

Holding a tenor of 364 days until 5 November next year, the second tranche stood at EGP 26.50 billion.

Earlier this week, the CBE issued T-bills at an aggregated value of EGP 47.50 billion through two offerings.