Egypt’s CBE offers EGP 500m in fixed coupon t-bonds

By Nada Ali On Jun 24, 2024

Egypt's central bank Egypt — Egypt's central bank (CBE)

The Central Bank of Egypt (CBE) on Monday offered fixed-rate treasury bonds (t-bonds) worth 500 million Egyptian pounds, in coordination with the Ministry of Finance.

The five-year bond is valued at 500 million pounds will be matured on 25-06-2029.

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

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