UAE News Today : Business
CBUAE announces M-Bills Treasury bond auction
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The Central Bank of the United Arab Emirates (CBUAE) announced an auction of monetary bills (M-Bills) on April 1, 2024. The auction includes four issues of Treasury M-Bills.
The first issue for 28 days will be up to AED 3.5 billion, the second for 84 days up to AED 4.5 billion, the third for 168 days up to AED 6 billion and the fourth for 336 days up to AED 15 billion.
The Issue Date will be April 3, with the expiration date of the first issue being May 1, 2024, the second issue being June 26, 2024, the third issue being September 18, 2024 and the fourth issue being the 5th. March 2025.
News source: Emirates News Agency
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