Egypt’s c. bank issues EGP 70b in T-bills

The Central Bank of Egypt (CBE), in coordination with the Ministry of Finance, is offering 70 billion Egyptian pounds in treasury bills (T-bills) on Wednesday.

The auction is conducted in two tranches: 91-day T-bills worth 25 billion Egyptian pounds, maturing on 09/09/2025, and 273-day T-bills worth 45 billion Egyptian pounds, maturing on 10/03/2026, as stated in the announcement.

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