Egypt’s c. bank auctions EGP 60b T-bills

By Nada Ali On Mar 21, 2024

The Central Bank of Egypt (CBE) is auctioning 60 billion Egyptian pounds in treasury bills (T-bills) on Thursday, in coordination with the Ministry of Finance, according to a CBE statement on its website.

The auctions are being offered in two tranches: 30 billion pounds for 182-day to be maturated on 24/09/2024 and another 30 billion pounds for 364-day to be maturated on 25/03/2025.

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

CBE CBE treasury bills Central Bank of Egypt Central Bank of Egypt (CBE)Egypt's central bank Egypt's Ministry of Finance Egyptian Ministry of Finance Egyptian Treasury Bills