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Egypt's c. bank issues EGP 6.5b FRN T-bonds
Nada Ali Published in Amwal Al Ghad on 12 - 06 - 2025

The Central Bank of Egypt (CBE) announced on Monday the issuance of 6.5 billion Egyptian pounds worth of floating-rate note (FRN) treasury bonds.
The first batch amounts to five billion pounds for three years with a quarterly return, while the second batch totals 1500 million pounds for five years with a quarterly return, the bank said.
The interest rate on these three-year bonds will be calculated based on a formula: Coupon = {(Benchmark + Fixed Spread) / (1 – 20%)}.
Attribution: Amwal Al Ghad English

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