Egypt’s CBE offers EGP 75b in t-bills

By Nada Ali On Jul 14, 2024

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

The auction shall be in two tranches: 35 billion pounds for 182-day to be maturated on 14/01/2025, and 40 billion pounds for 364-day to be maturated on 15/07/2025, 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