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Egypt's c. bank auctions EGP 1b fixed coupon T-bonds
Nada Ali Published in Amwal Al Ghad on 16 - 09 - 2024

The Central Bank of Egypt (CBE) is auctioning on Monday one billion Egyptian pound worth of fixed coupon treasury bonds (T-bonds), in coordination with the Ministry of Finance. The two-year T-bond will mature on September 17, 2026.
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
Subediting: M. S. Salama

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