Cairo - Mubasher: The Central Bank of Egypt (CBE) auctioned treasury bonds (T-bonds) at an aggregated value of EGP 7.25 billion through two issues on Monday, 24 October.

The first tranche stood at EGP 250 million and will mature in seven years on 7 May 2029, according to official data.

With a three-year tenor until 4 October 2025, the second auction was valued at EGP 7 billion.

Meanwhile, the CBE issued zero-coupon T-bonds worth EGP 5.50 billion through one offering, carrying a maturity period of 1.5 years until 23 April 2024.

Last week, the central bank auctioned T-bonds worth EGP 8 billion through two issues and zero-coupon T-bonds at a value of EGP 6 billion through one offering.