Latest in Tag: T-bills Highlight
Latest in Tag: T-bills
Local, foreign financial institutions offer to invest $1.28bn in T-bills
CBE accepts $1.1bn, with average interest of 3.29%
Banks’ investments in T-bills increase to EGP 680.4bn at end-2017
Banks operating in the Egyptian market raised their investments by EGP 43.64bn in government treasury bills (T-bills) during December 2017 to reach EGP 680.406bn compared to EGP 636.766bn at the end of November 2017. According to a recent report by the Central Bank of Egypt (CBE), the volume of outstanding balances from treasury bonds in …
Government outstanding debt rises EGP 21.65bn in January 2018
Balance increased from EGP 676.68bn to EGP 698.33bn by end-December 2017: Ministry of Finance
Local, foreign financial institutions offer $1.213bn investments in Egyptian T-bills
Highest interest in tender amounted to 3.30%, lowest recorded 3.25%, with average of 3.295%
Government intends to borrow EGP 415bn in Q1 2018 to bridge budget deficit
Government offers bids for T-bills, bonds worth EGP 152.75bn in January, EGP 132.5bn in February, EGP 129.75bn in March
Bank investments in T-bills amounted to EGP 564.3bn
The total investments initiated by banks operating in the Egyptian market amounted to EGP 564.349bn at the end of October 2017, compared to EGP 549.96bn at the end of September 2017, an increase of EGP 14.4bn, according to the CBE. According to the CBE, public sector bank investments rose to EGP 285.18bn by the end …
USD 18.85bn T-bills foreign investments in Egypt by end-October
Foreign investment in Egypt’s debt pile hit an all-time high by the end of October, data from Central Bank of Egypt (CBE) revealed. Foreign inflows in treasury bills (T-bills) registered $18.849bn at the end of October against $17.467bn at the end of September, an increase of $1.382bn, according to the CBE’s monthly bulletin released this …
Local banks, foreign financial institutions offer investments worth $1.29bn in Egyptian T-bills
Highest interest rate on investment in those bills is 3.5%, while lowest rate is 3.47% and the average is 3.495%
CBE offers $1bn worth of T-bills on Monday
Proceeds to cover earlier offering made on 13 December 2016 worth $1.1185bn
Banks’ investments in T-bills reached EGP 549.96bn
Banks’ investments in treasury bills (T-bills) reached EGP 549.96bn by the end of September 2017, against EGP 522.35bn in August 2017, up by EGP 27.6bn. Public sector banks’ investments in T-bills reached EGP 269.938bn, while private banks’ investments reached EGP 247.358bn. Meanwhile, specialized banks’ investments reached EGP 11.138bn, and foreign banks operating in Egypt invested …
Local, international institutions offer investing €734.9m in Egyptian T-bills
International banks have requested the renewal of a $2bn loan to Egypt for five years, says Amer
$1.12bn offered for investment in T-bills
CBE received 33 offers, accepted 29 worth $1.09bn, with an interest average of 3.62%
Egyptian economy is gaining momentum: Bank of America Merrill Lynch
With the trade in Egyptian Treasury bills (T-bills) gaining ground, the witnessed drop in T-bill yields at auctions is an indication of the increasing foreign investor participation and is providing support to the USD/EGP trade with a better tone, according to Bank of America Merrill Lynch’s February insight report. The report cites the unofficial announcement …
Government sells $1.07bn in one-year dollar-denominated T-bills
Reuters – The Egyptian government accepted bids for $1.07bn worth of one-year dollar-denominated treasury bills at an auction on Sunday with an average yield of 2.593%, the Central Bank of Egypt said. The total bids amounted to $1.380bn. The Ministry of Finance had set the issue size at $1bn. The minimum yield was 2.54% and …
Central bank issues new treasury bills
EGP 6bn in t-bills issued on Sunday
Ministry of Finance sells EGP 124bn worth of T-bills, bonds
Sales came during Q2 of FY 2012/2013