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CBE to issue two-type T-bonds worth EGP 13.5bn on Monday

CBE to issue two-type T-bonds worth EGP 13.5bn on Monday
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Cairo - Mubasher: The Central Bank of Egypt (CBE) will issue treasury bonds (T-bonds) worth EGP 7.50 billion through one offering on Monday, 28 November.

The tranche holds a three-year tenor until 1 November 2025, according to official data.

Furthermore, the CBE will auction zero-coupon T-bonds at a value of EGP 6 billion through one issue, carrying a maturity period of 1.5 years until 21 May 2024.

Last week, the central bank offered T-bonds at a combined value of EGP 7.25 billion through two auctions, in addition to zero-coupon T-bonds worth EGP 5.50 billion through one tranche.