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CBE issues two-type T-bonds at EGP 6bn on Monday

CBE issues two-type T-bonds at EGP 6bn on Monday
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Cairo - Mubasher: The Central Bank of Egypt (CBE) has offered treasury bonds (T-bonds) at a total value of EGP 1.50 billion through two issues on Monday, 16 May.

The first tranche stood at EGP 1 billion, carrying a maturity period of five years until 5 April 2027, according to official data.

The second offering was valued at EGP 500 million, holding a tenor of 10 years until 17 May 2032.

In addition, the central bank issued zero-coupon T-bonds worth EGP 4.50 billion through one offering, which will mature in 1.5 years on 14 November 2023.    

Last week, the CBE auctioned T-bonds worth EGP 500 million through one offering and zero-coupon T-bonds worth EGP 5 billion through one tranche.