The issuance will replace a previous one-year dollar Treasury bill worth $1.06 billion, which matures on February 3 and carries an average yield of 4.25%.
Egx30 rose 14.24% in January as market cap gained EGP 159.6bn, while Egx70 fell 7.43%.
Central Bank of Egypt to issue 90B EGP treasury bills tomorrow amid recent 100 bps interest rate cut.
These treasury bills will have a 364-day maturity period, set to mature on December 2, 2025.
The issuance is divided into two tranches: the first amounts to EGP 45 billion for a 91-day term.
