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CBE offers T-bonds, floating-rate note on Monday

CBE offers T-bonds, floating-rate note on Monday
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Cairo – Mubasher: The Central Bank of Egypt (CBE) auctioned floating-rate treasury bonds (T-bonds) worth EGP 5 billion through one issue on Monday, 9 September 2024.

The CBE also unveiled floating-rate T-bonds at a value of EGP 2 billion through one auction, according to official data.

It is worth highlighting that the two offerings carry a tenor of three years until 13 August 2027.

Earlier this week, the financial authority issued treasury bills (T-bills) at an aggregated value of EGP 60 billion through two tranches.