Arab Finance: The Central Bank of Egypt (CBE) offered fixed-rate treasury bonds (T-bonds) on Sunday, May 10^th, with a total value of EGP 15 billion.

The issuance comes as part of the CBE’s plan to manage liquidity and finance the needs of the general budget.

Valued at EGP 5 billion, the first tranche will mature in two years on March 17^th, 2028, with a semi-annual return at a coupon rate of 22.7%.

The second tranche, worth EGP 10 billion, holds a three-year tenor until March 31^st, 2029, with a semi-annual return at a coupon rate of 21.2%.