Egypt’s c. bank issues EGP 65b in T-bills
The Central Bank of Egypt (CBE) is offering 65 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 181-day T-bills worth 35 billion pounds to be maturated on 04/03/2025, and a 364-day T-bills worth 30 billion pounds to be maturated on 02/09/2025, as per the statement.
It’s worth noting that the central bank injected 60 billion pounds into the market through the issuance of two treasury bill tranches on August 25th.
Treasury bills are short-term government debt instruments with maturities ranging from three months to a year.
Attribution: CBE website
