The Central Bank of Egypt (CBE), in coordination with the Ministry of Finance, will offer 55 billion Egyptian pounds in treasury bills (T-bills) on Sunday.
The auction is in two tranches: 91-day T-bills worth 20 billion pounds to mature on 29/04/2025 and 273-day T-bills worth 35 billion pounds to mature on 28/10/2025, as per the statement.
Treasury bills are short-term government debt instruments with maturities ranging from three months to a year.
Attribution: Amwal Al Ghad English
Subediting: M. S. Salama