CBE auctions T-bonds, floating-rate note on Monday

Cairo - Mubasher: The Central Bank of Egypt (CBE) offered treasury bonds (T-bonds) at a value of EGP 2.50 billion through one tranche on Monday, 13 November 2023.

The fixed coupon will mature in three years on 7 July 2026, according to official data.

The CBE also issued floating-rate T-bonds worth EGP 500 million through one offering, holding a three-year tenor until 3 October 2026.

Last week, the central bank offered T-bonds at a total value of EGP 3.25 billion through two auctions.

Mubasher Contribution Time: 13-Nov-2023 08:23 (GMT)
Mubasher Last Update Time: 13-Nov-2023 08:23 (GMT)