Cairo – Mubasher: The Central Bank of Egypt (CBE) will issue treasury bills (T-bills) worth of EGP 19 billion on Thursday, on behalf of the Ministry of Finance (MOF).
The first tranche of the T-bills will be offered through 182-day notes at EGP 9.25 billion, while the second offering will be through 364-day notes at EGP 9.75 billion, according to the CBE’s official website.
Egypt’s debt instruments, especially T-bills, are attractive to foreign investors owing to their high yield. State-run banks are the largest holders of the government’s debt instruments.
