The Central Bank of the Emirates (CBUAE) today announced the auction of its M-Bills.
According to Amac News: In the announcement of the Central Bank of the Emirates, it is stated that this auction includes four M-Bills treasury bonds.
According to CBUAE data, the first issue will be for 28 days up to 1,500 million dirhams, the second for 84 days up to 3,500 million dirhams, the third issue for 112 days up to 2,000 million dirhams and the fourth for 280 days up to 4,000 million dirhams.
The release date will be September 18, 2024, with the first issue due on October 16, 2024, the second issue on December 11, 2024, the third issue on January 8, 2025, and the fourth issue on June 25, 2025, the announcement said.
CBUAE will announce 26 M-Bill tenders during this year.