emirates7 - The Central Bank of the UAE (CBUAE) has announced the auction of Monetary Bills (M-Bills) today, featuring four different M-Bills Treasury bond issues.
According to CBUAE data, the first issue, with a 28-day maturity, will offer up to AED 1,500 million. The second issue, with a maturity of 84 days, will offer up to AED 3,500 million. The third issue, spanning 112 days, will provide up to AED 2,000 million, while the fourth issue, with a maturity of 280 days, will offer up to AED 4,000 million.
The bonds will be issued on 18th September 2024, with maturity dates as follows: the first issue will mature on 16th October 2024, the second on 11th December 2024, the third on 8th January 2025, and the fourth on 25th June 2025.
This marks the 26th M-Bill auction announced by the CBUAE this year.
According to CBUAE data, the first issue, with a 28-day maturity, will offer up to AED 1,500 million. The second issue, with a maturity of 84 days, will offer up to AED 3,500 million. The third issue, spanning 112 days, will provide up to AED 2,000 million, while the fourth issue, with a maturity of 280 days, will offer up to AED 4,000 million.
The bonds will be issued on 18th September 2024, with maturity dates as follows: the first issue will mature on 16th October 2024, the second on 11th December 2024, the third on 8th January 2025, and the fourth on 25th June 2025.
This marks the 26th M-Bill auction announced by the CBUAE this year.