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CBE unveils EGP 47.5bn T-bills on Sunday

CBE unveils EGP 47.5bn T-bills on Sunday
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Cairo - Mubasher: The Central Bank of Egypt (CBE) issued treasury bills (T-bills) at a total value of EGP 47.50 billion through two offerings on Sunday, 12 November 2023.

With a tenor of 91 days until 13 February 2024, the first tranche was valued at EGP 22.50 billion, according to official data.

The second offering stood at EGP 25 billion and will mature in 273 days on 13 August next year.

On 9 November 2023, the central bank auctioned T-bills worth EGP 46.50 billion through two tranches.