CBE auctions EGP 1bn debt instruments on Monday

Cairo - Mubasher: The Central Bank of Egypt (CBE) offered treasury bonds (T-bonds) at a value of EGP 250 million through one issue on Monday, 4 September.

The semi-annual coupon holds a seven-year tenor until 7 May 2029, according to official data.

Furthermore, the CBE auctioned floating-rate T-bonds worth EGP 750 million through one tranche. The offering will mature in three years on 11 July 2026. 

Last week, the central bank issued T-bonds at a combined value of EGP 3.75 billion through two auctions.

Mubasher Contribution Time: 04-Sep-2023 06:04 (GMT)
Mubasher Last Update Time: 04-Sep-2023 06:04 (GMT)