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EIH Invests 7 Billion Birr in T-bill Auction Debut – Ethiopian Monitor
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EIH Invests 7 Billion Birr in T-bill Auction Debut – Ethiopian Monitor
Ethiopian Investment Holdings (EIH), the nation’s sovereign wealth fund, has invested 7 billion Birr in the Treasury Bill auction in its first-ever participation in the market. Announcing the investment today, EIH says it is “proud to participate” in T-Bill auctions for the first time following the he National bank of Ethiopia’s initiative to open the market for non-banking investors. The initiative is a part of ongoing efforts to strengthen the…
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