Latest in Tag: bond Highlight
Latest in Tag: bond
The offering comprises 16 tenders for T-bills worth EGP 158bn, and 10 tenders for bonds worth EGP 38.5bn.
Costs have been main hindrance to an active market
31.8% growth in tax revenues by end of June 2017: Finance Minister
In May, there was an Increase in the interest on Egyptian bonds by 20 basis points in average terms
Order books for the bonds exceeded $13.5bn; Egypt to receive amount by early February
The banks are Citi Group, Deutsche Bank, HSBC, the National Bank of Abu Dhabi, and Standard Chartered.
Bonds to mature in three years with 3.5% interest rate
Egyptian government resorting domestic borrowing, as a part of its two-sided strategy
Details of a new bond buying plan by the European Central Bank (ECB) fueled a surge in some Spanish and Italian debts and increased mediated talks between European leaders. German Chancellor Angela Merkel met with the President of the European Union (EU) Herman van Rompuy in Berlin on Tuesday, while French President François Hollande travelled …
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 …
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 …
Asian markets remain higher, following Germany refusal to take action towards the eurozone debt