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Home MARKET COVERAGE

CBE reopens subscription for treasury bonds…..

February 3, 2021
in MARKET COVERAGE
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Trader Trader Gregory Rowe works on the floor of the New York Stock Exchange at the end of the trading day Monday, March 16, 2020. (AP Photo/Craig Ruttle)

Trader Trader Gregory Rowe works on the floor of the New York Stock Exchange at the end of the trading day Monday, March 16, 2020. (AP Photo/Craig Ruttle)

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The Central Bank of Egypt (CBE) and Misr for Central Clearing, Depository and Registry (MCDR) reopened the second subscription for treasury bonds with an added value of EGP 7 billion to be issued January 5th 2028, according to a statement to the Egyptian Exchange.

The total value of this issuance will be EGP 14.75 billion, distributed over 14.75 million bonds with a nominal value of EGP 1,000 per bond at a fixed return rate of 14.292% annually.

The increase in this issuance will be listed on the Egyptian Exchange database under the international numbering code EGBGR03081F9 as of the beginning of the trading session on Wednesday, February 3rd.

Tags: AswaqAswaq FinancialCBECentral BankEgyptian ExchangeThe Central Bank of Egypt
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