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CBE unveils EGP 7bn debt instruments on Monday

CBE unveils EGP 7bn debt instruments on Monday
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Cairo – Mubasher: The Central Bank of Egypt (CBE) auctioned treasury bonds (T-bonds) at a value of EGP 5 billion through one issue on Monday, 12 August 2024.

The auction holds a maturity period of three years until 13 August 2027, according to official data.

The CBE also unveiled floating-rate T-bonds at a value of EGP 2 billion through one tranche, which will also mature on 13 August 2027.

A week ago, the central bank offered T-bonds and a floating-rate note at a combined value of EGP 6.25 billion.