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CBE to Issue EGP 19 Billion in T-bills

the Central Bank of Egypt (CBE) will issue treasury bills worth EGP 19 billion, to finance the budget deficit.

The CBE added that the value of the 1st offering amounted to EGP 12.5 billion for a period of 182 days, while the value of the 2nd offering amounted to EGP 6.5 billion for a period of 364 days.