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CBE issues EGP 8bn T-bonds on Monday

CBE issues EGP 8bn T-bonds on Monday
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Cairo – Mubasher: The Central Bank of Egypt (CBE) announced treasury bonds (T-bonds) at a combined value of EGP 8 billion through two issues on Monday, 22 July 2024.

The first auction was valued at EGP 3 billion, carrying a maturity period of two years until 2 July 2026, according to official data.

Meanwhile, the second issue amounted to EGP 5 billion and will mature in three years on 2 July 2027.

A week ago, the CBE auctioned treasury bills (T-bills) as well as T-bonds at an aggregated value of EGP 62 billion.