The Central Bank of Egypt (CBE) will auction treasury fixed coupon bonds (T-Bonds) on Monday worth 10.5 billion Egyptian pounds, in coordination with the Ministry of Finance, according to a statement on its website. The auctioned bonds are divided into two offerings. The first offering amounts at 10 billion pounds for three years, and the second offering is worth 500 million pounds for five years. A coupon is an annual interest paid on a bond. Investors receive a coupon payment, either annually or semi-annually, from issuance until maturity, if they hold the bond, according to DailyForex website. Attribution: Amwal Al Ghad English Subediting: M. S. Salama