Sunday 29/March/2026 – 07:11 PM
The bank announced Central Offering variable-rate treasury bonds in the local currency (Egyptian pound), tomorrow, Monday, March 30, 2026, with a value of 2 billion pounds, as part of the debt tools used by the Ministry of Finance to manage financing needs, as this step comes within the framework of diversifying borrowing tools and providing investment alternatives to financial institutions.
The Central Bank is offering variable-yield treasury bonds worth 2 billion pounds tomorrow
According to the offering data, the duration of the bonds is 5 years, with a nominal value of two billion pounds, with the issuance starting on March 31, 2026 and maturing on February 24, 2031, with the return being disbursed periodically every three months. The return is linked to the “corridor” rate (the central bank’s main interest rate) plus a margin of about 0.93%.
This type of bond is suitable in light of interest rate fluctuations, as it allows investors to benefit from any future rise in yield, while giving the government greater flexibility in managing the cost of debt in the medium term.
In another context, the Central Bank of Egypt, on behalf of the Ministry of Finance, sold 3- and 9-month treasury bills worth 38.4 billion pounds during today’s auction, which is about 45% less than the target of 70 billion pounds, in light of continued pressure from investors to raise interest rates.
The Central Bank sells treasury bills below the target amid investor pressure to raise interest to 29%
The decline in the size of coverage came as a result of investors’ demand for high returns that reached 29%, which prompted the Central Bank to reduce the size of the offering.
Central Bank data showed an increase in the average interest rate on 3-month treasury bills to 25.1%, compared to 24.87% in the previous tender.
The average return on 9-month Treasury bills also rose to 25.53%, compared to 24.88% in the previous offering.
