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CBE offers new T-bills worth EGP 19B

CBE offers new T-bills worth EGP 19B

ArabFinance: The Central Bank of Egypt (CBE) is issuing, on October 18th, more treasury bills (T-bills) at a total value of EGP 19 billion through two batches, according to the latest data.

The first tranche stands at EGP 8.5 billion, carrying a 91-day maturity period until January 19th 2021.

The CBE will offer an additional EGP 10.5 billion worth of T-bills, holding a 266-day tenor until July 13th 2021.

Egypt’s central bank offered more T-bills worth EGP 21 billion over two issues last week.

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