CBE auctions T-bills worth EGP 50bn on Thursday

Cairo – Mubasher: The Central Bank of Egypt (CBE) offered treasury bills (T-bills) at a total value of EGP 50 billion through two tranches on Thursday, 4 April 2024.

The first tranche stood at EGP 30 billion and will mature in 182 days on 8 October this year, according to official data.

The second offering was valued at EGP 20 and carries a maturity period of 364 days until 8 April 2025.

On 31 March, the CBE issued T-bills at a total value of EGP 70 billion in two offerings.

Mubasher Contribution Time: 04-Apr-2024 09:32 (GMT)
Mubasher Last Update Time: 04-Apr-2024 09:32 (GMT)