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CBE announces EGP 47.5bn treasury bills on Sunday

CBE announces EGP 47.5bn treasury bills on Sunday
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Cairo - Mubasher: The Central Bank of Egypt (CBE) auctioned treasury bills (T-bills) at a total value of EGP 47.50 billion through two offerings on Sunday, 3 December 2023.

Holding a 91-day tenor until 5 March 2024, the first issue was valued at EGP 23 billion, according to official data.

The second offering stood at EGP 24.50 billion and will mature in 273 days on 3 September next year.

Last Thursday, 30 November, the CBE unveiled T-bills worth EGP 46.50 billion through two tranches.