CBE to launch $900m T-bill auction
The Central Bank of Egypt (CBE) will conduct a $900m local treasury bill auction tomorrow, Monday. These US dollar-denominated T-bills will mature on 2 December 2025. The proceeds from this auction will be used to settle a previous auction held
Ministry of Finance plans to issue EGP 751bn in T-Bills, bonds in December
Egypt’s Ministry of Finance is set to issue 33 treasury bill and bond auctions worth EGP 751bn in December 2024, aiming to settle previous debt obligations and finance the state budget deficit. The plan includes 20 treasury bill auctions valued
Egyptian government plans to borrow EGP 1.293trn from domestic market
The Egyptian government plans to borrow EGP 1.293trn from the domestic market during November and December 2024, according to figures obtained by Daily News Egypt. The government intends to use the borrowed funds to repay previous debt instruments and finance