CBE offers EGP 42.5bn T-bills on Thursday

Cairo - Mubasher: The Central Bank of Egypt (CBE) issued treasury bills (T-bills) at an aggregated value of EGP 42.50 billion through two auctions on Thursday, 31 August.

The first tranche stood at EGP 19 billion, carrying an 182-day maturity period until 5 March 2024, according to official data.

With a tenor of 364 days until 3 September next year, the second offering was valued at EGP 23.50 billion.

On 27 August, the financial regulatory announced T-bills worth EGP 40 billion through two offerings.

Mubasher Contribution Time: 31-Aug-2023 05:58 (GMT)
Mubasher Last Update Time: 31-Aug-2023 05:59 (GMT)