Cairo – Mubasher: The Central Bank of Egypt (CBE) auctioned fixed treasury bonds (T-bonds) at a total value of EGP 16 billion over three auctions on Monday, 18 August.

With a two-year maturity period until 5 August 2027, the first offering stood at EGP 5 billion, according to official data.

The second auction was valued at EGP 10 billion, maturing in three years on 5 August 2028.

The third issue amounted to EGP 1 billion, holding a five-year maturity period until 8 July 2030.

Additionally, the CBE issued floating-rate T-bonds valued at EGP 5 billion and holds a tenor of three years until 8 July 2028.

A week ago, the financial authority offered T-bonds as well as a floating-rate note at a combined value of EGP 26 billion.