Egypt’s c. bank offers EGP 45b in T-bills

By Nada Ali On May 30, 2024

Egypt's central bank Egypt — Egypt's central bank (CBE)

The Central Bank of Egypt (CBE) is offering 45 billion Egyptian pounds in treasury bills (T-bills) on Thursday, in coordination with the Ministry of Finance, according to a CBE statement on its website.

The auction shall be in two tranches: 25 billion pounds for 182-day to be maturated on 03/12/2024, and 20 billion pounds for 364-day to be maturated on 03/06/2025, as per the statement.

Treasury bills are short-term government debt instruments with maturities ranging from three months to a year.

CBE CBE treasury bills Central Bank of Egypt Central Bank of Egypt (CBE)dollar EGP Egypt's central bank Egypt's Ministry of Finance