Egypt’s CBE issues EGP 70b in T-bills

The Central Bank of Egypt (CBE), in coordination with the Ministry of Finance, is offering 70 billion Egyptian pounds in treasury bills (T-bills) on Sunday.

The auction is conducted in two tranches: 182-day T-bills worth 40 billion Egyptian pounds, maturing on 06/01/2026, and 364-day T-bills worth 50 billion Egyptian pounds, maturing on 07/07/2026, as stated in the announcement.

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