Cairo - Mubasher: The Central Bank of Egypt (CBE) has offered treasury bonds (T-bonds) at an aggregated value of EGP 3 billion over three issues on Monday, 21 March.

The first tranche stood at EGP 1.25 billion, carrying a two-year maturity period until 11 January 2024, according to official data.

Meanwhile, the second offering totalled EGP 1 billion and will mature in five years on 11 January 2027.

The third issue was valued at EGP 750 million, holding a tenor of 10 years until 11 January 2032.

Moreover, the CBE has offered zero-coupon T-bonds at EGP 12.50 billion through one issue. The offering will mature in 1.5 years on 12 September 2023.

Last week, the CBE auctioned T-bonds at a combined value of EGP 4.50 billion over three tranches and zero-coupon T-bonds worth EGP 11.50 billion through one issue.