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CBE auctions T-bonds, floating-rate notes on Monday

CBE auctions T-bonds, floating-rate notes on Monday
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Cairo – Mubasher: The Central Bank of Egypt (CBE) offered fixed treasury bonds (T-bonds) at an aggregated value of EGP 30 billion over two tranches on Monday, 20 October.

The first auction was valued at EGP 10 billion and will mature in two years on 7 October 2027, according to official data.

Holding a tenor of three years until 7 October 2028, the second offering stood at EGP 2 billion.

The CBE also announced floating-rate T-bonds worth EGP 9 billion through two issues.