Egypt’s c. bank auctions EGP 50b in T-bills
The Central Bank of Egypt (CBE) is offering 50 billion Egyptian pounds in treasury bills (T-bills) on Thursday, in coordination with the Ministry of Finance.
The auction shall be in two tranches: a 182-day T-bills worth 30 billion pounds to be matured on 29/04/2025, and a 364-day T-bills worth 20 billion pounds to be matured on 28/10/2025, 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: M. S. Salama
