CBE issues EGP 3.5bn T-bonds on Monday

Cairo - Mubasher: The Central Bank of Egypt (CBE) auctioned treasury bonds (T-bonds) at an aggregated value of EGP 3.50 billion through two issues on Monday, 12 June.

The first issue was valued at EGP 3 billion, carrying a three-year maturity period until 6 April 2026, according to official data.

Meanwhile, the second offering stood at EGP 500 million and will mature in five years on 13 October 2027.

A week ago, the central bank announced floating-rate T-bonds and treasury bills (T-bills) in USD valued at EGP 1 billion and $540 million, respectively.

Mubasher Contribution Time: 12-Jun-2023 05:42 (GMT)
Mubasher Last Update Time: 12-Jun-2023 05:42 (GMT)