CBE to Auction T-bills worth 5 billion Pounds Today

On behalf of the Egyptian Finance Ministry, the Central Bank of Egypt will be offering today 91 and 273-day treasury bills worth EGP 5 billion.

Throughout its official website, the CBE stated that the first offering; 91-day is at value of EGP 2 billion, whereas the second offering; the 273-day amounts to EGP 3 billion.

Within this month, the Egyptian government is targeting the issuance of treasury bonds and treasury bills totaling EGP 69 billion.

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