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Ahram Online: CBE 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.
24.11.19 | Interesting article at Ahram Online

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.