CBE announces EGP 40bn debt instruments on Wednesday

Cairo – Mubasher: The Central Bank of Egypt (CBE) auctioned treasury bills (T-bills) at a total value of EGP 39.50 billion through two issues on Wednesday, 12 April.

The first offering stood at EGP 16 billion and will mature in 182 days on 17 October 2023, according to official data.

Meanwhile, the second tranche was valued at EGP 23.50 billion, holding a tenor of 364 days until 16 April 2024.

The CBE also issued treasury bonds (T-bonds) worth EGP 500 million through one auction, which carries a five-year maturity period until 13 October 2027.

Earlier this week, the central bank offered T-bills at an aggregated value of EGP 40 billion through two tranches.

Mubasher Contribution Time: 12-Apr-2023 08:17 (GMT)
Mubasher Last Update Time: 12-Apr-2023 09:17 (GMT)