CBE to auction two-type T-bonds at EGP 14.25bn on Monday

Cairo - Mubasher: The Central Bank of Egypt (CBE) is offering treasury bonds (T-bonds) at a combined value of EGP 2.75 billion through two issues on Monday, 28 March.

The first tranche is totalling EGP 2 billion, holding a tenor of three years until 4 January 2025, according to the central bank’s official data.

The second offering is valued at EGP 750 million and will mature in seven years on 4 January 2029.

Moreover, the CBE is auctioning zero-coupon T-bonds worth EGP 11.50 billion through one issue. The offering will mature in 1.5 years on 26 September 2023.

Last week, the CBE issued T-bonds at an aggregated value of EGP 3 billion over three tranches and zero-coupon T-bonds worth EGP 12.50 billion through one offering. 

Mubasher Contribution Time: 28-Mar-2022 07:28 (GMT)
Mubasher Last Update Time: 28-Mar-2022 07:28 (GMT)