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CBE offers EGP 20B more T-bills

CBE offers EGP 20B more T-bills

ArabFinance: The Central Bank of Egypt (CBE) is offering on November 19th new treasury bills (T-bills) worth EGP 20 billion over two tranches, according to the latest data.

The first T-bill group stands at EGP 8.5 billion, holding a 182-day maturity period that ends on May 25th 2021.

The other T-bill batch totals EGP 11.5 billion, carrying a 364-day tenor until November 23th 2021.

Earlier this week, the CBE registered more than EGP 51.48 billion worth of 452 bids submitted for two T-bill offerings of EGP 20 billion in value.

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