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CBE offers EGP 19B new T-bills

CBE offers EGP 19B new T-bills

ArabFinance: The Central Bank of Egypt (CBE) is offering on November 22nd more treasury bills (T-bills) at a total value of EGP 19 billion over two tranches, according to the latest data.

The first batch stands at EGP 8 billion in value, holding a 91-day maturity until February 23rd 2021, the data indicated.

The second T-bill group totals EGP 11 billion, carrying a tenor of 273 days until August 24th 2021.

Last week, the CBE offered EGP 20 billion worth of debt instruments, which attracted more than EGP 50 billion in submitted bids.


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