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Elham AbolFateh

Business

CBE issues T-bills worth EGP 18.5 bln on Thursday

Thursday 13/June/2019 - 11:27 AM
Central Bank of Egypt
Central Bank of Egypt
Translated by: Nada Moustafa
The Central Bank of Egypt (CBE)، on behalf of the Ministry of Finance، issued EGP 18.5 billion in treasury bills on Thursday.

The T-bills will be offered in two installments; the first installment is valued at LE 9 billion with a 182-day term and the second is worth LE 9.5 billion with a 357-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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