Egypt’s Central Bank Sells $1.57 Billion in USD-Denominated Treasury Bills ...Egypt

Egyptian Streets - News
The Central Bank of Egypt (CBE) announced on Monday, 11 November, that it successfully issued USD 1.57 billion (EGP 77.3 billion) in one-year USD-denominated treasury bills (T-bills), according to a statement by the bank.  The sale attracted approximately USD 1.73 billion (EGP 85.1 billion)  in bids, with a minimum yield of 4.48 percent, a maximum of 5.25 percent, and a weighted average yield of 4.56 percent. The CBE accepted 21 bids for the full USD 1.57 billion (EGP 77.3 billion)  amount at a weighted average yield of 4.49 percent. This marks Egypt’s fifth USD-denominated T-bill issuance in 2024, with previous sales including USD 500 million (EGP 24.6 billion) in June and three issuances e

Hence then, the article about egypt s central bank sells 1 57 billion in usd denominated treasury bills was published today ( ) and is available on Egyptian Streets ( Egypt ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Egypt’s Central Bank Sells $1.57 Billion in USD-Denominated Treasury Bills )

Apple Storegoogle play

Last updated :

Also on site :