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Elham AbolFateh

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CBE issues T-bills worth EGP 18 bln on Thursday

Thursday 23/May/2019 - 12:47 PM
The Central Bank
The Central Bank of Egypt
Hassnein Tayea
The Central Bank of Egypt (CBE)، on behalf of the Ministry of Finance، issued EGP 18 billion in treasury bills on Thursday.

The T-bills will be offered in two installments; the first installment is valued at EGP 8.7 billion with a 182-day term and the second is worth EGP 9.2 billion with a 364-day term.

T-bills are issued every Sunday and Thursday.

The ministry announced earlier that it will auction treasury bills (T-bills) in May with a 91-day term، 182-day term، 273-day term and 364-day term worth LE 34.25 billion، LE 35.25 billion، LE 34.25 billion، and LE 37.25 billion، respectively.

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