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CBE offers EGP 60bn T-bills on Sunday

CBE offers EGP 60bn T-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 60 billion through two tranches on Sunday, 26 May 2024.

With a tenor of 91 days until 27 August this year, the first issue was valued at EGP 30 billion, according to official data.

The second auction also amounts to EGP 30 billion and will mature in 273 days on 25 February 2025.

On 23 May, the CBE auctioned T-bills at a combined value of EGP 50 billion through two auctions.