Today, the Central Bank of the UAE announced a tender for cash bills on November 11.
According to Central Bank data, the tender includes four issues of “M-BILL” treasury bonds, the first for 28 days for up to 3,500 million dirhams, the second for 84 days for up to 5,500 million dirhams, the third for 168 days for up to 8,000 million dirhams, and the fourth for 336 million dirhams. per day for up to 16,500 million dirhams.
The release date will be November 13, with the due date for the first issue on December 11, 2024, the second issue on February 5, 2025, the third issue on April 30, 2025, and the fourth issue on October 15, 2025.
It is noteworthy that the total number of tenders issued by the Central Bank for cash bills amounts to about 26 tenders during the current year.
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