CBE offers T-bills worth EGP 70B on March 29th

· Egyptian market news · ARAB

CBE offers T-bills worth EGP 70B on March 29th

The Central Bank of Egypt (CBE) announced the issuance of treasury bills (T-bills) at a combined value of EGP 70 billion on Sunday, March 29 th, according to the CBE’s official data.

The auction covers two tranches: the first is valued at EGP 25 billion and has a tenor of 91 days.

Meanwhile, the second tranche, valued at EGP 45 billion, carries a tenor of 273 days.

Original source: www.arabfinance.com

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