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CBE offers T-bills worth EGP 60bn on Monday

CBE offers T-bills worth EGP 60bn on Monday
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Cairo – Mubasher: The Central Bank of Egypt (CBE) issued treasury bills (T-bills) at an aggregated value of EGP 60 billion through two offerings on Monday, 29 July 2024.

The first tranche stood at EGP 40 billion and will mature in 91 days on 29 October 2024, according to official data.

The second auction was valued at EGP 20 billion, carrying a tenor of 273 days until 29 April next year.

Earlier this week, on 28 July, the CBE unveiled T-bills and treasury bonds (T-bonds) at a total value of EGP 60 billion over three issues.