Home » Egypt: 60 billion local pounds in treasury bills up for auction

Egypt: 60 billion local pounds in treasury bills up for auction

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by: Tommaso Meo | May 2, 2024

The Central Bank of Egypt (CBE) will auction 60 billion Egyptian pounds in treasury bills ($1.25 billion), in coordination with the local Finance Ministry, according to a statement from the Egyptian lender on own website.

The auction will be divided into two tranches: 30 billion pounds of bonds that can be subscribed by 30 July and another 30 until 28 January 2025.

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