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CBE unveils T-bills worth EGP 55bn on Sunday

CBE unveils T-bills worth EGP 55bn on Sunday
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Cairo – Mubasher: The Central Bank of Egypt (CBE) auctioned treasury bills (T-bills) at a combined value of EGP 55 billion through two offerings on Sunday, 21 April 2024.

The first issue was valued at EGP 30 billion, holding a tenor of 91 days until 23 July this year, according to official data.

With a 273-day maturity period until 21 January 2025, the second auction stood at EGP 25 billion.

Last Thursday, 18 April, the central bank offered T-bills at an aggregated value of EGP 50 billion through two auctions.