Egypt’s CBE auctions EGP 10b fixed coupon T-bonds

By Nada Ali On Oct 3, 2024

The Central Bank of Egypt (CBE) is auctioning on Thursday 10 billion Egyptian pounds worth of fixed coupon treasury bonds (T-bonds), in coordination with the Ministry of Finance. The three-year bonds will mature on October 01, 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 website

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