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Egypt's c. bank issues EGP 6b in fixed coupon t-bonds
Nada Ali Published in Amwal Al Ghad on 14 - 07 - 2024

The Central Bank of Egypt (CBE) on Sunday offered fixed-rate treasury bonds (t-bonds) worth six billion Egyptian pounds, in coordination with the Ministry of Finance.
The three-year bond is valued at 500 million pounds will be matured on July 02, 2027. This bond offers a competitive annual coupon rate of 23.8 per cent.
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

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