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CBE auctions T-bills, T-bonds on Wednesday

CBE auctions T-bills, T-bonds on Wednesday
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Cairo – Mubasher: The Central Bank of Egypt (CBE) auctioned treasury bills (T-bills) at a combined value of EGP 45 billion through two issues on Wednesday, 12 June.

The first tranche was valued at EGP 25 billion and will mature in 182 days on 17 December 2024, according to official data.

The second offering stood at EGP 20 billion and carries a 364-day maturity period until 17 June 2025.

Additionally, the CBE auctioned treasury bonds (T-bonds) worth EGP 3 billion through one tranche. The semi-annual coupon holds a tenor of three years until 4 June 2027.

Earlier this week on 9 June, the financial authority unveiled T-bills at a total value of EGP 55 billion through two offerings.