CBE auctions T-bills worth EGP 40bn on Sunday

Cairo - Mubasher: The Central Bank of Egypt (CBE) announced treasury bills (T-bills) standing at a value of EGP 40 billion through two offerings on Sunday, 3 September 2023.

Carrying a 91-day maturity period until 5 December 2023, the first issue was valued at EGP 23 billion, according to official data.

The second tranche stood at EGP 17 billion, with a tenor of 273 days until 4 June 2024.

Last Thursday, the financial authority auctioned T-bills at a combined value of EGP 42.50 billion through two issues.

Mubasher Contribution Time: 03-Sep-2023 05:51 (GMT)
Mubasher Last Update Time: 03-Sep-2023 05:51 (GMT)