Central Bank of Egypt announces T-bills worth $1.01bln end-week

The first issue was valued at $810mln, holding a tenor of 182 days until 20 May 2025

Staff Writer, Mubasher

November 14, 2024

PHOTO

Cairo - The Central Bank of Egypt (CBE) auctioned treasury bills (T-bills) at an aggregated value of EGP 50 billion in two tranches on Thursday, 14 November 2024.

The first issue was valued at EGP 40 billion, holding a tenor of 182 days until 20 May 2025, according to official data.

The second offering stood at EGP 10 billion, carrying a 364-day maturity period until 18 November next year.

Earlier this week, on 10 November, the CBE unveiled T-bills at a value of EGP 50 billion through two issues.

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

ZAWYA NEWSLETTERS

RELATED ARTICLES

ZAWYA NEWSLETTERS

LATEST VIDEO