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Home UAE UAE Central Bank announces tender for cash bills

UAE Central Bank announces tender for cash bills

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Emirates Bank announced Central About the proposal Tender for cash authorizations Next September 2nd.

The tender includes four issues of treasury bonds. M-BILL:

  • The first is for 28 days for up to 2000 million dirhams.
  • The second 42 days for up to 2,500 million dirhams.
  • Third 126 days for up to 4,500 million dirhams.
  • Fourth 294 days for up to 8,500 million dirhams.

On September 4, the Central Bank of the UAE will launch the first tranche of the new cash bills, whose maturities extend to cover the period from October 2, 2024 to June 25, 2025, allowing investors to choose the maturities that suit their needs.

UAE Central Bank.. 26 tenders this year.

This year witnessed remarkable activity in the monetary bills market, as the Central Bank intends to issue approximately 26 tenders during this year.

 

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