Egypt announces $1.2bln debt instruments on Wednesday
- Date: 12-Apr-2023
- Source: Zawya
- Sector:Financial Services
- Country:Egypt
Egypt announces $1.2bln debt instruments on Wednesday
The first offering stood at EGP 16 billion and will mature in 182 days on 17 October 2023, according to official data.
Meanwhile, the second tranche was valued at EGP 23.50 billion, holding a tenor of 364 days until 16 April 2024.
The CBE also issued treasury bonds (T-bonds) worth EGP 500 million through one auction, which carries a five-year maturity period until 13 October 2027.
Earlier this week, the central bank offered T-bills at an aggregated value of EGP 40 billion through two tranches.
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