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The Central Bank of the UAE announced today a tender for monetary bills on September 30.
According to the Central Bank’s data, the tender includes four issues of “M-BILL” treasury bonds, the first for a period of 28 days for up to 3,600 million dirhams, the second for 70 days for up to 1,500 million dirhams, the third for 98 days for up to 2,500 million dirhams, and the fourth for 266 days for up to 6,500 million dirhams.
The issuance date will be on October 2nd, with the due date for the first issue being October 30th, 2024, the second issue on December 11th, 2024, the third issue on January 8th, 2025, and the fourth issue on June 25th, 2025.
It is noteworthy that the total number of tenders offered by the Central Bank for monetary bills amounts to about 26 tenders during the current year.
