Arab Finance: The Central Bank of Egypt (CBE) issued fixed-rate treasury bonds (T-bonds) at a combined value of EGP 12 billion on Monday, November 9.

Valued at EGP 2 billion, the first tranche will mature in one and a half years on April 20, 2028, with a semi-annual return at a coupon rate of 24.429%.

The second, worth EGP 10 billion, holds a three-year tenor until March 11, 2029, with a semi-annual return at a coupon rate of 24.69%.

Moreover, the CBE offered a floating-rate T-bond worth EGP 2 billion, which will mature in one and a half years on May 10, 2028.