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CBUAE to issue AED 15bn monetary bills on 27 May

CBUAE to issue AED 15bn monetary bills on 27 May
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UAE – Mubasher: The Central Bank of the UAE (CBUAE) is set to auction AED 15 billion in monetary bills on 27 May 2024.

The auction includes four issuances that will be released on 29 May, according to the Emirates News Agency.

The first issuance has a value of AED 4 billion and will mature on 12 June, while the second issuance is worth AED 3 billion and will mature on 21 August.

The third and fourth issuances amount to AED 3 billion and AED 5 billion, respectively. They will mature on 18 September this year and 5 March next year.