The Central Bank of Egypt auctions $1.9bln T-bills on July 6
· Egyptian market news · ARAB
The Central Bank of Egypt (CBE) issued treasury bills (T-bills) at an aggregate value of EGP 95 billion on Monday, July 6 th, according to the CBE’s data.
The first tranche, valued at EGP 35 billion, will mature in 91 days on October 6th, 2026.
The second auction, valued at EGP 60 billion, carries a 273-day maturity period until April 6th, 2027.
In coordination with the Ministry of Finance, the issuance comes in line with the framework to finance the state's budget deficit.
Original source: www.zawya.com