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Central Bank of UAE announces M-Bills Auction on May 27

Central Bank of UAE announces M-Bills Auction on May 27
22 May 2024 16:13

ABU DHABI (WAM)

The Central Bank of the UAE (CBUAE) today announced an auction of Monetary Bills (M-Bills) on May 27th, 2024.

Notably, the auction includes four issues of M-Bills Treasury bonds.

The first for 28 days for up to Dh4000 million, the second for 84 days for up to Dh3000 million, the third for 112 days for up to Dh3000 million, and the fourth for 280 days for up to Dh5000 million.

The Issue Date will be May 29, 2024, and the maturity date for the first issue will be June 12, 2024, the second issue will be August 21, 2024, the third issue will be September 18, 2024, and the fourth issue will be March 5, 2025.

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