UAE Central Bank announces M-Bills auction on August 19

File Photo

The Central Bank of the UAE (CBUAE) announced, on Thursday, an auction of Monetary Bills (M-Bills) on August 19.

According to CBUAE data, the auction includes four issues of M-Bills Treasury bonds, with the first issue for 28 days up to AED 2,500 million, the second for 56 days will be up to AED 2,000 million, the third for 140 days will be up to AED 3,000 million, and the fourth for 308 days will be up to AED 12,000 million.

The Issue Date will be on August 21, with the maturity date for the first issue due on September 18, the second issue on October 16, the third issue on January 8, and the fourth issue on June 25.

The CBUAE announced 26 M-Bills tenders during the current year.

More from Business News

News

  • Mohammed bin Rashid Al Maktoum Global Initiatives resumes food aid to Gaza

    In line with the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, the Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI) has announced the resumption of food aid deliveries worth AED43 million to the Gaza Strip,

  • DoH launches Future Health Initiative

    Under the directives of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, Future Health – A Global Initiative by Abu Dhabi (Future Health) has been launched by the Department of Health – Abu Dhabi (DoH).

  • Salik to apply peak-hour toll rates for Dubai Ride

    Toll gate operator Salik said it will charge peak-hour fees on Sunday, November 2, as the Dubai Fitness Challenge's first flagship event - Dubai Ride - gets underway.