CBE unveils debt instruments worth EGP 1.25bn on Monday

Cairo - Mubasher: The Central Bank of Egypt (CBE) offered treasury bonds (T-bonds) and floating-rate T-bonds at a combined value of EGP 1.25 billion on Monday, 19 June.

The fixed coupon was valued at EGP 250 million, carrying a tenor of seven years until 7 May 2029, according to official data.

Meanwhile, the floating-rate note stood at EGP 1 billion and will mature in three years on 6 June 2026.

On 12 June, the financial authority issued T-bonds worth EGP 3.50 billion through two auctions.

Mubasher Contribution Time: 19-Jun-2023 05:47 (GMT)
Mubasher Last Update Time: 19-Jun-2023 05:47 (GMT)