Egypt’s CBE issues EGP 55b in T-bills

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

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