CBE offers T-bills worth EGP 40bn on Sunday

Cairo – Mubasher: The Central Bank of Egypt (CBE) auctioned treasury bills (T-bills) at an aggregated value of EGP 40 billion through two offerings on Sunday, 25 June, according to official data.

Holding a 91-day maturity period until 26 September 2023, the first issue stood at EGP 22.50 billion.

The second tranche was valued at EGP 17.50 billion, with a tenor of 273 days until 26 March 2024.

On 22 June, the CBE issued T-bills at a combined value of EGP 39.50 billion through two offerings.

It is worth noting that the financial authority will be closed for a full week from 27 June to 3 July 2023, in celebration of Eid El-Adha and the anniversary of the 30 June Revolution.

Mubasher Contribution Time: 25-Jun-2023 05:35 (GMT)
Mubasher Last Update Time: 25-Jun-2023 05:35 (GMT)