Central Bank of Egypt offers $143mln debt instruments on Monday

Furthermore, the CBE auctioned zero-coupon T-bonds worth $102mln through one offering, according to official data

Staff Writer, Mubasher

August 26, 2024

PHOTO

Cairo – 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.

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