Last Update 20:56
Friday, 06 December 2019

Egypt's central bank auctions EGP 18.5 bln in Treasury bills

The CBE said it auctioned the first batch of EGP 9 billion for 91 days and the second at EGP 9.5 billion for 273 days

Ahram Online , Sunday 24 Nov 2019
 Central Bank
File Photo: An Egyptian policeman directs the traffic in front of the Egyptian Central Bank offices in Cairo, Egypt. (Photo: AP)
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Egypt’s central bank auctioned on Sunday T-bills at a total value of EGP 18.5 billion to finance budget deficit .

In a statement, the bank said it auctioned the first batch of EGP 9 billion for 91 days and the second of EGP 9.5 billion for 273 days.

The Central Bank of Egypt auctions T-bills in coordination with the Ministry of Finance.
 

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