CBE auctions EGP 17bn debt instruments on Monday

Cairo – Mubasher: The Central Bank of Egypt (CBE) issued fixed treasury bonds (T-bonds) at a total value of EGP 15 billion through two tranches on Monday, 14 October 2024.

The first offering stood at EGP 5 billion and will mature in two years on 1 October 2026, according to official data.

With a tenor of three years until 1 October 2027, the second auction was valued at EGP 10 billion.

Additionally, the CBE unveiled floating-rate T-bonds worth EGP 2 billion through one auction, which holds a five-year maturity period until 1 October 2029.

Mubasher Contribution Time: 14-Oct-2024 06:37 (GMT)
Mubasher Last Update Time: 14-Oct-2024 06:37 (GMT)