CBE issues EGP 3.25bn T-bonds on Monday

Cairo - Mubasher: The Central Bank of Egypt (CBE) offered treasury bonds (T-bonds) a a total value of EGP 3.25 billion through two auctions on Monday, 4 December  2023.

The first tranche was valued at EGP 3 billion, carrying a tenor of three years until 5 December 2026, according to official data.

Meanwhile, the second offering stood at EGP 250 million and will mature in five years on 13 October 2027.

A week ago, the CBE auctioned debt instruments at a combined value of EGP 3.25 billion.

Mubasher Contribution Time: 04-Dec-2023 07:09 (GMT)
Mubasher Last Update Time: 04-Dec-2023 07:09 (GMT)