The Central Bank of Egypt (CBE) has offered on Sunday, 9 January, treasury bills (T-bills) and bonds (T-bonds) at a combined value of EGP 21.25 billion through four auctions, according to official data.
The T-bills notes were worth EGP 20 billion through two issues, with the first one standing at EGP 13 billion in value and carrying a 182-day tenor until 12 July this year.
The second T-bills offering totals EGP 7 billion and holds a maturity period of 364 days until 10 January 2023.
As for the T-bonds, the CBE auctioned EGP 1.25 billion worth of notes through two tranches. The first offering amounted to EGP 750 million and will carry a two-year tenor until 11 January 2024.
The other T-bonds issue stands at EGP 500 million and will mature in 10 years on 11 January 2032.
Last week, Egypt’s Minister of Finance, Mohamed Maait, said the government would offer new debt instruments like Sukuk, sustainable development bonds, and green bonds.
