The Central Bank of Egypt (CBE), in coordination with the Ministry of Finance, is offering 75 billion Egyptian pounds in treasury bills (T-bills) on Sunday.
The auction is in two tranches: 91-day T-bills worth 30 billion pounds to mature on 03/06/2025 and 273-day T-bills worth 45 billion pounds to mature on 02/12/2025, 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: Y.Yasser