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

CBE auctions T-bonds, floating-rate note 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 19 billion over three tranches on Monday, 29 September.

The first auction was valued at EGP 5 billion and will mature in two years on 2 September 2027, according to official data.

Holding a tenor of three years until 26 August 2028, the second tranche stood at EGP 13 billion.

The third offering, valued at EGP 1 billion, carries a five-year maturity period until 8 July 2030. 

The CBE also auctioned a floating-rate T-bond worth EGP 4 billion, which will mature in three years on 2 September 2028.