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CBE offers EGP 7bn debt instruments on Monday

CBE offers EGP 7bn debt instruments on Monday
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Cairo – Mubasher: The Central Bank of Egypt (CBE) announced floating-rate treasury bonds (T-bonds) at a value of EGP 2 billion through one issue on Monday, 26 August 2024.

Furthermore, the CBE auctioned zero-coupon T-bonds worth EGP 5 billion through one offering, according to official data.

The two offerings hold a tenor of three years until 13 August 2027.

A week ago, the central bank issued T-bonds at a total value of EGP 6 billion through two tranches.