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CBE auctions T-bills worth EGP 46.5bn on Thursday

CBE auctions T-bills worth EGP 46.5bn on Thursday
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Cairo - Mubasher: The Central Bank of Egypt (CBE) offered treasury bills (T-bills) at an aggregated value of EGP 46.50 billion through two auctions on Thursday, 9 November 2023.

The first issue was valued at EGP 19.50 billion, holding a tenor of 182 days until 14 May 2024, according to official data.

With a 364-day maturity period until 12 November next year, the second tranche stood at EGP 27 billion.

On 5 November 2023, the CBE offered T-bills at a total value of EGP 47.50 billion through two issues.