CBE auctions EGP 19bn debt instruments on Monday

Cairo – Mubasher: The Central Bank of Egypt (CBE) offered fixed treasury bonds (T-bonds) at a combined value of EGP 17 billion through two issues on Monday, 2 December.

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

Meanwhile, the second issue was valued at EGP 12 billion, holding a tenor of three years until 3 December 2027.

The CBE also auctioned floating-rate T-bonds worth EGP 2 billion through one issue, which carries a maturity period of five years until 1 October 2029.

Last week, the financial authority announced T-bonds and floating-rate note at a total value of EGP 8 billion.

Mubasher Contribution Time: 02-Dec-2024 09:00 (GMT)
Mubasher Last Update Time: 02-Dec-2024 09:00 (GMT)