United Arab Emirates News
UAE Central Bank Announces M-Bills Auction with Four Treasury Issues
Central Bank of the UAE to auction M-Bills on September 30, offering diverse maturity periods and significant funding
UAE Central Bank announces M-Bills auction set for September 30
The Central Bank of the United Arab Emirates (CBUAE) on Wednesday announced the auction of currency bills (M-Bills) on September 30. The auction includes four issues of M-Bills treasury bonds.
According to CBUAE data, the first issue for 28 days is up to Dh3,600 million, the second for 70 days is up to Dh1,500 million, the third for 98 days is up to Dh2,500 million, and the fourth for 266 days is up to Dh6,500 million.
Issue date is October 2, maturity date for first issue is October 30, second issue is on December 11, third issue is on January 8, 2025 and fourth issue is on June 25, 2025.
