Radio Shoma

Rhythm Of Your Heart
Ghanimateh
Martik

Listen To Radio Shoma 93.4

UAE Central Bank announces Monetary Bills auction

Wednesday, 28 August 2024 14:52

By ARN News Staff

WAM

The Central Bank of the UAE (CBUAE) has announced an auction of Monetary Bills (M-Bills) on September 2, 2024. The auction includes four issues of M-Bills Treasury bonds.

According to CBUAE data, the first issue for 28 days will be up to AED 2,000 million, the second for 42 days will be up to AED 2,500 million, the third for 126 days will be up to AED 4,500 million, and the fourth for 294 days will be up to AED 8,500 million.

The issue date will be on September 4, 2024, with the maturity date for the first issue due on October 2, 2024, the second issue on October 16, 2024, the third issue on January 8, 2024, and the fourth issue on June 25, 2025.

The CBUAE announces 26 Monetary Bills (M-Bills) tenders during the current year.

More from Business

TikTok clinches deal for new US joint venture to avoid American ban

TikTok's Chinese owner, ByteDance, on Thursday said it has finalised a deal to establish a majority American-owned joint venture that will secure US data, to avoid a US ban on the short video app used by over 200 million Americans.
DP World unveils Dubai Food District project

DP World has officially unveiled the Dubai Food District, a major expansion and rebranding of the Al Aweer Central Fruit and Vegetable Market that will bring trade, storage, processing and distribution into a single, connected ecosystem.
TECOM acquires university campus in Dubai for AED125 million

TECOM Group has acquired an university campus at Dubai International Academic City for AED125 million, raising its total investments across its commercial and industrial portfolio to more than AED 5.5 billion since listing in July 2022.
Sharjah Airport marks record year with passenger surge

Sharjah Airport has announced record results for 2025, with passenger numbers reaching 19.48 million, up from 17.1 million in 2024 — a growth of nearly 14 per cent.
Dubai Holding expands hospitality portfolio with acquisition in Mallorca

Dubai Holding, through its subsidiary Dubai Holding Hospitality, has acquired the five-star Jumeirah Mallorca in Port de Sóller, Spain, from Deka Immobilien.

News

Emirates cancels flights to US due to severe weather conditions
Emirates Airline has announced the cancellation of several flights heading to the United States starting Saturday due to the "anticipated severe impact of Storm Fern across parts of the US".
UAE President reaffirms role of education as 'fundamental pillar'
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has reaffirmed the role of education as a "fundamental pillar of the UAE's long-term strategic vision" on the International Day of Education.
UAE President meets delegations at Russia‑Ukraine‑US talks
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has met with the heads of delegations taking part in the US-Russia-Ukraine trilateral talks in Abu Dhabi.