ABU DHABI (WAM)
The Central Bank of the UAE (CBUAE) announced an auction of Monetary Bills (M-Bills) on Monday.
The auction includes four issues of M-Bills Treasury bonds.
According to CBUAE data, the first issue for 28 days will be up to Dh1,500 million, the second for 84 days will be up to Dh3,500 million, the third for 112 days will be up to Dh2,000 million, and the fourth for 280 days will be up to Dh4,000 million.
The issue date will be on September 18, 2024, with the maturity date for 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 CBUAE announces 26 M-Bill tenders during the current year.