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Elham AbolFateh

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CBE issues T-bills worth EGP 17 on Sunday

Sunday 23/June/2019 - 06:15 PM
The Central Bank
The Central Bank of Egypt
Translated by Hassnein Tayea
The Central Bank of Egypt (CBE)، on behalf of the Ministry of Finance، issued EGP 17 billion in treasury bills on Sunday، June 23.

The T-bills will be offered in two installments; the first installment is valued at EGP 8.5 billion with a 91-day term and the second is worth EGP 8.5 billion with a 273-day term.

T-bills are issued every Sunday and Thursday.

The ministry announced earlier that it will auction treasury bills (T-bills) in June with a 91-day term، 182-day term، 273-day term and 364-day term worth LE 34 billion، LE 35 billion، LE 34 billion، and LE 37 billion، respectively.

During the fourth quarter of fiscal year 20182019، the ministry will auction treasury bills and bonds at a total value of LE 478.5 billion، with a 91-day term، 182-day term، 273-day term and 364-day term worth LE 750 billion، LE 110 billion، LE 250 billion، LE 114 billion، LE 111 billion، LE 750 billion، and LE 120 billion.

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