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CBE unveils EGP 62bn T-bills on Sunday

CBE unveils EGP 62bn T-bills on Sunday
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Cairo - Mubasher: The Central Bank of Egypt (CBE) offered treasury bills (T-bills) worth EGP 62 billion through two issues on Sunday, 11 February 2024.

The first tranche stood at EGP 35 billion and will mature in 91 days on 14 May this year, according to official data.

With a tenor of 273 days until 12 November 2024, the second auction was valued at EGP 27 billion.

On 8 February, the central bank auctioned T-bills at an aggregated value of EGP 70 billion through two tranches.