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

By Nada Ali On Oct 3, 2024

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 08/04/2025, and a 364-day T-bills worth 20 billion pounds to be matured on 07/10/2025, 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

CBE CBE treasury bills Central Bank of Egypt Central Bank of Egypt (CBE)dollar EGP Egypt's central bank Egypt's Ministry of Finance