Egypt’s CBE issues EGP 60b in T-bills

By Nada Ali On Nov 7, 2024

The Central Bank of Egypt (CBE) is offering 60 billion Egyptian pounds in treasury bills (T-bills) on Thursday, in coordination with the Ministry of Finance.

The auction is in two tranches: a 182-day T-bills worth 35 billion pounds to be matured on 13/05/2025, and a 364-day T-bills worth 25 billion pounds to be matured on 11/11/2025, 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: Y.Yasser

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