Egypt’s CBE issues EGP 75b in T-bills

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

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