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Central Bank Issues 100B Pounds T-Bills
The Central Bank of Egypt, on behalf of the Ministry of Finance, is launching a tender to offer treasury bills totaling 100 billion Egyptian pounds during this week. The offering includes 30 billion pounds for a three-month tenor and 70 billion pounds for a nine-month tenor. Treasury bills are used as a short-term funding source to meet the financial needs of the state and are considered low-risk investment instruments that offer returns to investors. The aim of this issuance is to meet the needs of the general budget and to provide the necessary liquidity.
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