CBE unveils T-bills worth $1.2bln T-bills on Thursday

The first tranche was valued at EGP 40 billion and will mature in 182 days on 6 May 2025, according to official data

Staff Writer, Mubasher

October 31, 2024

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The Central Bank of Egypt (CBE) issued treasury bills (T-bills) at a combined value of EGP 60 billion through two auctions on Thursday, 31 October 2024.

The first tranche was valued at EGP 40 billion and will mature in 182 days on 6 May 2025, according to official data.

The second offering stood at EGP 20 billion, holding a tenor of 364 days until 4 November next year.

Earlier this week, on 27 October, the CBE announced T-bills worth EGP 50 billion through two issues.

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