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CBE announces T-bills worth EGP 65bn on Sunday

CBE announces T-bills worth EGP 65bn 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 65 billion through two offerings on Sunday, 7 July.

The first auction was valued at EGP 40 billion and will mature in 91 days on 8 October 2024, according to official data.

The second offering stood at EGP 25 billion, holding a tenor of 273 days until 8 April 2025.

Last Thursday, the CBE issued T-bills worth EGP 75 billion through two tranches.