Egypt’s c. bank issues EGP 55b in T-bills

The Central Bank of Egypt (CBE) is offering 55 billion Egyptian pounds in treasury bills (T-bills) on Thursday, in coordination with the Ministry of Finance.

The auction is in two tranches: a 182-day T-bills worth 30 billion pounds to be matured on 24/06/2025, and a 364-day T-bills worth 25 billion pounds to be matured on 23/12/2025, 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