Egypt’s CBE offers EGP 45b in T-bills

By Nada Ali On May 1, 2024

The Central Bank of Egypt's (CBE) headquarters in the new administrative capital

The Central Bank of Egypt (CBE) is offering 45 billion Egyptian pounds in treasury bills (T-bills) on Wednesday, in coordination with the Ministry of Finance, according to a CBE statement on its website.

The auction shall be in two tranches: 25 billion pounds for 182-day to be maturated on 05/11/2024 and 20 billion pounds for 364-day to be maturated on 06/05/2025, as per the statement.

Treasury bills are short-term government debt instruments with maturities ranging from three months to a year.

CBE CBE treasury bills Central Bank of Egypt Central Bank of Egypt (CBE)dollar EGP Egypt's central bank Egypt's Ministry of Finance