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CBE offers two-type T-bonds worth EGP 2bn on Monday

CBE offers two-type T-bonds worth EGP 2bn on Monday
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Cairo - Mubasher: The Central Bank of Egypt (CBE) issued zero-coupon treasury bonds (T-bonds) at a value of EGP 1 billion through one auction on Monday, 27 February.

The tranche will mature in 1.5 years on 27 August 2024, according to official data.

Additionally, the CBE auctioned floating-rate T-bonds worth EGP 1 billion, holding a tenor of three years until 14 February 2026.

Last week, the financial authority issued two-type T-bonds at a combined value of EGP 4.75 billion.