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

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

The auction is in two tranches: 91-day T-bills worth 40 billion Egyptian pounds to mature on 02/09/2025 and 273-day T-bills worth 10 billion Egyptian pounds to mature on 03/03/2026, 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