Egypt’s c. bank auctions EGP 55b in T-bills

By Nada Ali On Sep 19, 2024

The Central Bank of Egypt (CBE) is offering 55 billion Egyptian pounds in treasury bills (T-bills) on Thursday, in coordination with the Ministry of Finance.

The auction shall be in two tranches: a 182-day T-bills worth 30 billion pounds to be maturated on 25/03/2025, and a 364-day T-bills worth 25 billion pounds to be maturated on 23/09/2025, as per the statement.

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

Attribution: CBE website

Subediting: M. S. Salama

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