Egypt to issue EGP 6b in floating-rate T-bonds

By Yomna Yasser On Nov 10, 2025

Egypt's CBE — Headquarters of the Central Bank of Egypt in the new capital (CBE Photo)

The Central Bank of Egypt (CBE) said on Monday it will issue 6 billion Egyptian pounds in floating-rate note (FRN) treasury bonds.

The three-year bonds will mature on 7 Oct., 2028, the CBE said in a statement.

The interest rate on the bonds will be calculated using the formula: Coupon = {(Benchmark + Fixed Spread) / (1 – 20%)}, linking the returns to market rate fluctuations.

The move is part of Egypt’s broader strategy to diversify debt instruments and manage borrowing costs amid high local interest rates.

Attribution: Amwal Al Ghad English

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Central Bank of Egypt (CBE)Egypt's central bank floating-rate note (FRN)FRN FRN T-bonds