CBE unveils T-bonds, floating-rate note worth EGP 13bn

Cairo – Mubasher: The Central Bank of Egypt (CBE) offered fixed treasury bonds (T-bonds) at an aggregated value of EGP 11 billion through two auctions on Monday, 18 November.

The first issue was valued at EGP 5 billion, holding a two-year maturity period until 1 October 2026, according to official data.

With a maturity period of three years until 5 November 2027, the second offering stood at EGP 6 billion.

The central bank also auctioned floating-rate T-bonds at a value of EGP 2 billion through one issue, which will mature in five years on 1 October 2029.

Last week, the CBE offered T-bonds and floating-rate note at an aggregated value of EGP 12 billion.

Mubasher Contribution Time: 18-Nov-2024 08:25 (GMT)
Mubasher Last Update Time: 18-Nov-2024 08:25 (GMT)