Egypt’s CBE issues EGP 90b in T-bills

The Central Bank of Egypt (CBE), in coordination with the Ministry of Finance, is offering 90 billion Egyptian pounds in treasury bills (T-bills) on Thursday.

The auction is in two tranches: 182-day T-bills worth 45 billion Egyptian pounds to mature on 02/12/2025 and 364-day T-bills worth 45 billion Egyptian pounds to mature on 02/06/2026, as per the statement.

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

Attribution: Amwal Al Ghad English
Subediting: M. S. Salama