Egypt’s central bank issues EGP 50bn T-bills on Sunday

Cairo – Mubasher: The Central Bank of Egypt (CBE) auctioned treasury bills (T-bills) at a total value of EGP 50 billion through two issues on Sunday, 10 March 2024.

The two tranches were valued at EGP 25 billion, each, according to official data.

The first auction carries a 91-day maturity period until 11 June this year, while the second issue will mature in 273 days on 10 December.

On 7 March, the central bank offered T-bills at a combined value of EGP 60 billion through two auctions.

Mubasher Contribution Time: 10-Mar-2024 07:42 (GMT)
Mubasher Last Update Time: 10-Mar-2024 07:42 (GMT)