23 Hrs
Source:
بوابة الشروق
_1777352142843_145525226.png&w=48&q=75){kind=small}
Source: بوابة الشروق
23 Hrsبوابة الشروق
Source: بوابة الشروق
23 HrsReady to play
Ready to play
The Egyptian government announced that the Central Bank will issue sovereign fixed-yield sukuk bonds next Monday, with a total value of 5 billion EGP. These bonds will mature on June 16, 2029, offering a semiannual return rate of 22.983%. Sovereign sukuk are Sharia-compliant financing instruments used to fund government projects, helping diversify sources of funding and reduce borrowing costs, while providing stability in investors’ cash flows. This move is part of the Central Bank’s efforts to introduce a variety of debt instruments, following a similar issuance in July of last year, when it issued sukuk worth 5 billion EGP for a three-year term, as well as treasury bills totaling 318 billion EGP with a 62-day maturity.
Notice: This Is an AI-Generated Summary
Comments (0)