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ABU DHABI / WAM
The Central Bank of the UAE (CBUAE) on Thursday announced an auction of Monetary Bills (M-Bills) on November 11.
According to CBUAE data, the auction includes four issues of M-Bills Treasury bonds.
The first issue for 28 days will be up to AED3,500 million, the second for 84 days will be up to AED5,500 million, the third for 168 days will be up to AED8,000 million, and the fourth for 336 days will be up to AED16,500 million.
The issue date will be on November 13 2024, with the maturity date for the first issue due 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.
The CBUAE announces 26 M-Bill tenders during the current year.