CBE auctions EGP 16bn T-bonds on Monday

Cairo - Mubasher: The Central Bank of Egypt (CBE) is offering treasury bonds (T-bonds) at an aggregated value of EGP 4.50 billion through three issues, on Monday, 14 March.

The first offering stands at EGP 3 billion and holds a tenor of three years until 4 January 2025, according to official data.

The second tranche is valued at EGP 500 million and will mature in 15 years on 18 January 2037.

The third issue totals EGP 1 billion and carries a seven-year maturity period until 4 January 2029.

The CBE has also auctioned zero-coupon T-bonds worth EGP 11.50 billion through one issue on Monday.

The offering holds a 1.5-year maturity period until 12 September 2023.

On 7 March, the CBE offered T-bonds of EGP 2.75 billion over three tranches and zero-coupon T-bonds worth EGP 12.50 billion through one auction.

Mubasher Contribution Time: 14-Mar-2022 07:38 (GMT)
Mubasher Last Update Time: 14-Mar-2022 07:38 (GMT)