Egypt’s c. bank offers EGP 50b in T-bills

By Nada Ali On Jun 13, 2024

The Central Bank of Egypt (CBE) is offering 50 billion Egyptian pounds in treasury bills (T-bills) on Thursday, in coordination with the Ministry of Finance.

The auction shall be in two tranches: 30 billion pounds for 91-day to be maturated on 17/09/2024, and 20 billion pounds for 273-day to be maturated on 18/03/2025, as per the statement.

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

Attribution: CBE statement

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