Sigma Capital

20-11-2024

The Fourth Coupon price of the Treasury Bonds 20 February 2029 Variable Return

Source: EGX

With reference to the letter of the Ministry of Finance on 19/11/2024 regarding the Treasury Bonds 20 February 2029 Variable Return, according to the prospectus, a quarterly coupon is due on these bonds, which is determined at the beginning of the period and is disbursed and recalculated every three months, according to the change in the average corridor rate of the central bank, since the Fourth Coupon for this bond is due on 20/02/2025,the price of the Fourth Coupon Is 37.5%