Egypt’s CBE offers EGP 75b in T-bills

By Nada Ali On Jun 26, 2024

The Central Bank of Egypt (CBE) offered 75 billion Egyptian pounds in treasury bills (T-bills) on Wednesday, in coordination with the Ministry of Finance.

The auction shall be in two tranches: 35 billion pounds for 182-day to be maturated on 31/12/2024, and 40 billion pounds for 364-day to be maturated on 01/07/2025, as per the statement.

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

Attribution: CBE statement

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