SNG: Central Bank of Egypt issues $2.8bln instruments on October 12

By Zawya

By Staff Writer

Arab Finance: The Central Bank of Egypt (CBE) auctioned treasury bills (T-bills) at a combined value of EGP 130 billion through two tranches on Monday, October 12, according to official data.

The first issue, valued at EGP 50 billion, carries a 91-day tenor until January 21, 2027.

Holding a 273-day maturity period until July 13, 2027, the second offering amounted to EGP 80 billion.

The CBE also issued treasury bonds (T-bonds) totaling EGP 20 billion, which will mature in three years on October 6, 2029.

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