Egypt’s c. bank offers EGP 10b fixed coupon T-bonds

By Nada Ali On Nov 11, 2024

Egypt Central Bank of Egypt's — The Central Bank of Egypt's (CBE) headquarters in the new administrative capital (CBE Photo)

The Central Bank of Egypt (CBE) will auction treasury bonds (T-Bonds) on Monday with fixed coupon worth 10 billion Egyptian pounds, in coordination with the Ministry of Finance. The three-year bonds will mature on November 05, 2027.

A coupon is an annual interest paid on a bond. Investors receive a coupon payment, either annually or semi-annually, from issuance until maturity, if they hold the bond, according to DailyForex website.

Attribution: CBE report

Subediting: M. S. Salama

CBE Central Bank of Egypt (CBE)Egypt's central bank Egypt's Ministry of Finance Egyptian Ministry of Finance Egyptian pounds fixed coupon t-bonds