Tomorrow, Thursday, December 12, the Central Bank will issue treasury bills worth 65 billion pounds.
According to the Central Bank’s website, the value of the first offering is 35 billion pounds for a period of 182 days, while the value of the second is 30 billion pounds for a period of 364 days.
The government borrows through treasury bonds and bills over different time periods, and government banks are the largest buyers of them.
At its last meeting, the Monetary Policy Committee decided to keep the deposit and lending rates unchanged at 27.25% and 28.25%, respectively, and the credit and discount rates at 27.75%.
