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The Central Bank Offers Treasury Bonds Worth EGP 15.5 Billion

Today, The Central Bank of Egypt (CBE) will issue treasury bonds worth EGP 15.5 billion, in coordination with the Ministry of Finance, to finance the budget deficit.

The CBE pointed out that the value of the first offering is EGP 1.25 billion pounds for a tenure of 2 years, while the value of the second offering is EGP 1 billion for a tenure of 5 years.

The value of the 3rd offering is EGP 750 million for a tenure of 10 years, and the value of the 4th offering is EGP 12.5 billion for a tenure of 1.5 years.