Cairo – Mubasher: The Central Bank of Egypt (CBE) is offering treasury bonds (T-bonds) worth EGP 8.5 billion in total through three tranches on 27 December, according to official data.
The first issue stands at EGP 7 billion in value, holding a tenor of two years until 14 December 2023.
The second auction is amounted to EGP 1 billion and carries a five-year maturity until 5 October 2026.
The CBE is also offering T-bonds worth EGP 500 million, which hold a 10-year tenor until 5 October 2031.
It is worth noting that Egypt, through the CBE, offered T-bonds worth EGP 11.5 billion over three issues on 20 December.
Source: Mubasher
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