CBE issues $500M T-bills in auction on June 3rd

Updated 6/3/2024 7:08:00 AM
CBE issues $500M T-bills in auction on June 3rd

Arab Finance: The Central Bank of Egypt (CBE) will sell one-year USD-denominated treasury bills (T-bills) worth $500 million in an auction on June 3rd, as per data by the bank.

So far, 20 bids valued at $997.6 million have been accepted out of 23 submitted bids to purchase the T-bills, at a weighted average yield of 5.149%.

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