Arab Finance: 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 29th, 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.