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Egypt's c. bank to auction EGP 55b in T-bills
Nada Ali Published in Amwal Al Ghad on 29 - 07 - 2024

The Central Bank of Egypt (CBE) offered 60 billion Egyptian pounds in treasury bills (T-bills) on Monday, in coordination with the Ministry of Finance.
The auction shall be in two tranches: 40 billion pounds for 91-day to be maturated on 29/10/2024, and 20 billion pounds for 273-day to be maturated on 29/04/2025, as per the statement.
It's worth noting that the central bank offered 55 billion pounds worth of treasury bills yesterday.
Treasury bills are short-term government debt instruments with maturities ranging from three months to a year.
Attribution: CBE statement

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