Egypt’s CBE offers EGP 65b in T-bills

The Central Bank of Egypt (CBE), in coordination with the Ministry of Finance, is offering 65 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 27/05/2025 and 273-day T-bills worth 35 billion pounds to mature on 25/11/2025, 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