Egypt’s CBE offers EGP 70b in T-bills

By Nada Ali On May 22, 2025

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

The Central Bank of Egypt (CBE), in coordination with the Ministry of Finance, is auctioning on Thursday dollar-denominated treasury bills worth EGP 70 billion, according to a CBE statement on its website.

The auction is in two tranches: 182-day T-bills worth 30 billion pounds to mature on 25/11/2025 and 364-day T-bills worth 40 billion pounds to mature on 26/05/2026, as per the statement.

The Ministry of Finance authorises the CBE to manage the issuance of these bills throughout the financial year, with proceeds used to finance and cover expenditures outlined in the state’s current financial year budget (2023-2024).

Attribution: Amwal Al Ghad English
Subediting: M. S. Salama