The Central Bank of the United Arab Emirates (CBUAE) has announced the auction of M-Bills on September 2, 2024.
According to Amac News: In the announcement of the Central Bank of the Emirates, this auction includes four M-Bills treasury bonds.
According to CBUAE data, the first issue will be for 28 days up to 2,000 million dirhams, the second for 42 days up to 2,500 million dirhams, the third issue for 126 days up to 4,500 million dirhams. The fourth will be up to 8500 million dirhams for 294 days.
The release date will be September 4, 2024, with the first issue due on October 2, 2024, the second issue on October 16, 2024, the third issue on January 8, 2024 and the fourth issue on June 25, 2025, the announcement said.
CBUAE will announce 26 M-Bills tenders during this year.