Egypt’s c. bank to offer EGP 17b T-bonds fixed coupon

By Nada Ali On Nov 25, 2024

The Central Bank of Egypt (CBE) will auction treasury bonds (T-Bonds) on Monday with fixed coupon worth six billion Egyptian pounds, in coordination with the Ministry of Finance. The three-year bonds will mature on November 5, 2027.

A coupon is an annual interest paid on a bond. Investors receive a coupon payment, either annually or biannually, from issuance until maturity, if they hold the bond, as explained by 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