CBE issues T-bonds worth EGP 3.75bn on Monday

Cairo - Mubasher: The Central Bank of Egypt (CBE) auctioned treasury bonds (T-bonds) at an aggregated value of EGP 3.75 billion through two issues on Monday, 31 July 2023.  

With a three-year tenor until 11 July 2026, the first tranche stood at EGP 3.50 billion, according to official data.

Meanwhile, the second offering was valued at EGP 250 million. The semi-annual coupon will mature in five years on 13 October 2027.

Last week, the financial authority issued debt instruments at a total value of EGP 40.25 billion over three offerings.

Mubasher Contribution Time: 31-Jul-2023 06:31 (GMT)
Mubasher Last Update Time: 31-Jul-2023 06:31 (GMT)