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The Central Bank of the Emirates announced the auction of banknotes

news agency wam , 16 Aug 2024 - 3:06

The Central Bank of the United Arab Emirates (CBUAE) has announced the auction of M-Bills.


According to Amac News: The bank said in its announcement that this auction includes four issuances of M-Bills and will continue until August 19.
According to the announcement, based on CBUAE data, the first issue will be for 28 days up to 2,500 million dirhams, the second for 56 days up to 2,000 million dirhams, the third issue for 140 days up to 3,000 million dirhams. The fourth will be up to 12,000 million dirhams for 308 days.
The release date will be August 21, with the first issue due on September 18, 2024, the second issue on October 16, 2024, the third issue on January 8, 2024 and the fourth issue on June 25, the announcement said.
CBUAE will announce 26 tenders for M-Bills during this year.
 


Story Code: 1265

News Link :
https://www.amacnews.com/en/news/1265/the-central-bank-of-the-emirates-announced-auction-banknotes

AMAC
  https://www.amacnews.com