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CBE unveils EGP 65bn T-bills on Sunday

CBE unveils EGP 65bn T-bills on Sunday
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Cairo - Mubasher: The Central Bank of Egypt (CBE) issued treasury bills (T-bills) at a total value of EGP 65 billion through two auctions on Sunday, 2 February.

The first tranche stood at EGP 25 billion, holding a maturity period of 91 days until 6 May 2025, according to official data.

The second issue was valued at EGP 40 billion and will mature in 273 days on 4 November this year.

On 26 January, the CBE offered T-bills worth EGP 55 billion through two auctions.