CBE auctions T-bills worth EGP 40bn on Sunday

Cairo - Mubasher: The Central Bank of Egypt (CBE) offered treasury bills (T-bills) at an aggregated value of EGP 40 billion through two issues on Sunday, 13 August.

The first tranche was valued at EGP 22.50 billion, carrying a tenor of 91 days until 14 November 2023, according to official data.

Meanwhile, the second offering stood at EGP 17.50 billion and will mature in 273 days on 14 May 2024.

On 10 August, the CBE auctioned T-bills at a total value of EGP 42 billion through two offerings.

Mubasher Contribution Time: 13-Aug-2023 05:49 (GMT)
Mubasher Last Update Time: 13-Aug-2023 06:25 (GMT)