Warning: Constant IRP_DEFAULT_LINK_REL_ATTRIBUTE already defined in /home/u240068905/domains/drweud.com/public_html/wp-content/plugins/intelly-related-posts/index.php on line 36
Today... the Central Bank of Egypt is offering treasury bills worth 9 billion pounds. 2024 - drweud
Various new information

Today… the Central Bank of Egypt is offering treasury bills worth 9 billion pounds.


Today... the Central Bank of Egypt is offering treasury bills worth 9 billion pounds.

Egyptian Central Bank

Today, Monday, May 20, 2024, the Central Bank of Egypt is offering treasury bills worth 9 billion pounds with different yield exchange cycles.

According to the Central Bank’s website, the value of the fixed yield bonds amounts to £4 billion for a period of 3 years, with a half-yearly return period and a coupon rate of 25.021%.

The Central Bank is also offering zero-yielding Treasury bills worth £5 billion for a period of 546 days, with a maturity date of 18/11/2025.

The government borrows using Treasury bills over different periods, and state-owned banks are the biggest buyers.

At its extraordinary meeting, the Monetary Policy Committee decided to increase the overnight deposit and lending rates and the central bank’s main operating rate by 600 basis points to 27.25 percent, respectively. , 28.25% and 27.75%. Credit and discount rates were also raised. by 600 basis points to reach 27.25%, 28.25% and 27.75% respectively.

The announced monetary policy decisions are part of a broad program of economic reforms in coordination with the Egyptian government and with the support of bilateral and multilateral partners. In preparation for the implementation of the reform program measures, necessary financing has been provided to support foreign exchange. liquidity.

Today... the Central Bank of Egypt is offering treasury bills worth 9 billion pounds.

we chose for you
Israeli bombing targets eastern Rafah, Palestine
Show More

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

I accept the Terms and Conditions and the Privacy Policy

Back to top button