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EGP T-Bonds Floating Rate

Announcement

EGP Treasury Floating Rate Bonds

Tenor (Years)Value (EGP Mio)Issue DateMaturity DateCoupon FrequencyCoupon at Issuance (%)BenchmarkIndicative Spread (%)*Submission Deadline (11 A.M)
31,00024/01/202324/01/2026Quarter Mid-Corridor4.25Monday, 23/01/2023
*In the case of reopening, the indicative spread is considered the actual spread.

Results

EGP Treasury Floating Rate Bonds

Tenor (Years)3
Auction date23/01/2023
Issue date24/01/2023
Maturity Date24/01/2026
Type (New / Reopening)N
Original Issue Date24/01/2023
Required Amount (EGP)1,000,000,000
ISINEGBGR04551V7
Spread (%)4.509
Coupon FrequencyQuarter
BenchmarkMid Corridor

Submitted Bids

Nominal Value (EGP)5,759,000,000
Number of Bids Offered37
Min. Yield (%)21
Max. Yield (%)25
Weighted Avg. Interest (%)21.912

Accepted Bids

Nominal Value (EGP)2,150,000,000
Number of Bids6
Min. Yield (%)21
Max. Yield (%)21.5
Weighted Avg. Interest (%)21.259
Coupon at Issuance (%)21.259
Benchmark at Issuance (%)16.75