CBE offers more T-bills at EGP 16.5B

The Central Bank of Egypt (CBE) is offering on December 13^th new treasury bills (T-bills) at a total value of EGP 16.5 billion over two tranches, according to the latest data.

The first group stands at EGP 6.5 billion, holding a 91-day maturity until March 16^th 2021.

The second offering totals EGP 10 billion, carrying a 266-day tenor that ends on September 7^th 2021.

The CBE’s last T-bill issuance was on December 10^th, with a value standing at EGP 19 billion in total.