CBE offers EGP 46.5bn T-bills on Sunday

Cairo - Mubasher: The Central Bank of Egypt (CBE) announced treasury bills (T-bills) at a combined value of EGP 47.50 billion through two issues on Sunday, 22 October 2023.

The CBE auctioned the first tranche at a value of EGP 23 billion, with a tenor of 91 days until 23 January 2024, according to official data.

The second offering stood at EGP 24.50 billion and will mature in 273 days on 23 July next year.

Last week, on 19 October, the financial authority issued T-bills worth EGP 46.50 billion through two tranches.

Mubasher Contribution Time: 22-Oct-2023 05:52 (GMT)
Mubasher Last Update Time: 22-Oct-2023 05:52 (GMT)