Latest in Tag: treasury Highlight
Latest in Tag: treasury

CBE to auction treasury bills worth $1.05bn
proceeds of T-bill issuance will be directed to pay off previous bid that CBE put forward on 9 February 2021, through which it obtained $1.088bn

White House considers offering treasury bonds to combat COVID-19
“This would be a long-term investment into the future of American health, safety and the economy,” he told reporters at the White House, “We’re just looking at it … let’s see where it leads.”

Government launches treasury bonds and bills for EGP 105.25bn in June
Launching 16 bills for terms of 91-364 days for EGP 99bn, 8 bonds for terms of 3-10 years for EGP 6.25bn

Outstanding balance of treasury bonds at EGP 614.19bn by end of August: Ministry of Finance
These bonds were introduced during the period 15 November 2005 to 11 August 2015, with interest rates ranges between 8.6% and 17%.

Puerto Rico – ‘Greeks’ of the Caribbean
The loss of tax perks and its status as a commonwealth are just two of many reasons for Puerto Rico’s bankruptcy. The island is now hoping that the default will give it leverage to restructure its debt. US Treasury Secretary Jack Lew was less than amused when – in the middle of the Greek debt …

IPOs will support public sector businesses: Minister of Industry
Abdel Nour said that the investment climate has improved significantly over the past three months.
Yields on Egyptian T-Bills inch up at auction
Reuters – Yields on Egyptian treasury bills rose at an auction on Thursday and the central bank sold all the debt it had offered. The average yield on 182-day treasury bills increased to 11.174 percent at Thursday’s auction from 11.133 percent last week, the central bank said. The yield on 357-day T-bills edged up to …

Central bank issues new treasury bills
EGP 6bn in t-bills issued on Sunday

Taxi exchange programme costs more than EGP 1bn: finance ministry
Taxi owners stand to gain upward of EGP 8,300 says an official report

El-Beblawi’s government sees highest recorded monthly borrowing rates in three years
The financial monthly bulletin issued by the Ministry of Finance showed the total issuance of bonds for May and June registered EGP 54.5m and 47.5m, respectively.

Striking workers keep Al-Sokhna Port closed
Trade offices request ships carrying Chinese goods to be re-routed to Port Said and Damietta
New floating-rate notes see significant success
By Hend El-Behary The Ministry of Finance has received offers equating to EGP 2.5 billion for the first Floating-Rate Note (FRN) ever issued in Egypt. The move comes in the context of the ministry’s strategy to diversify public debt instruments, according the ministry’s press release. FRN are bonds with a variable interest rate. The adjustments …

Ministry of Finance issues EGP 18.5bn ingovernment securities
Egyptian government resorting domestic borrowing, as a part of its two-sided strategy
Central Bank to issue more bonds and treasury bills
The Ministry of Finance announced the Central Bank of Egypt is to issue treasury bills and bonds, amounting to EGP 52 billion during September, state-owned news agency MENA has reported. The government will issue 91 day, 182 day, 273 day and 364 day treasury bills, amounting to EGP three billion, EGP eight billion, EGP 15 …
Ministry of Finance issues treasury bills and bonds worth EGP 135 billion
By Islam Serour The Ministry of Finance announced Saturday an issue of treasury bills and bonds with a total value of EGP 135.228 billion, which was auctioned by the Central Bank of Egypt (CBE) between April and June, in the final quarter of the 2011-2012 financial year. According to the statement by the Ministry, the …