CBE sells EGP 17.2bn T-bills on Thursday

Cairo – Mubasher: The Central Bank of Egypt (CBE) stated on Thursday that the returns on 182-day and 364-day bills have reached EGP 17.215 billion.

The average return on 182-day treasury bills registered 17.7%, with a total turnover of EGP 7.022 billion.

Meanwhile, the average return on 364-day treasury bills hit 17%, with a total turnover of EGP 10.193 billion, the CBE’s data showed.

Egyptian debt instruments, particularly T-bills, are attractive to many foreign investors on the back of the rising yields on the bonds. 

Mubasher Contribution Time: 15-Aug-2019 18:55 (GMT)
Mubasher Last Update Time: 15-Aug-2019 18:55 (GMT)