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

By Nada Ali On Apr 4, 2024

Egypt's central bank's new headquarters in the New Administrative Capital

The Central Bank of Egypt (CBE) is auctioning 50 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 08/10/2024 and another 20 billion pounds for 364-day to be maturated on 08/04/2025.

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