Latest in Tag: t-bill Highlight
Latest in Tag: t-bill
CBE to launch €690m worth T-bill tender on Monday
The proceeds of the issuance will be used to pay the value of a previous bid put forward by the CBE on 12 November 2019, amounting to €695m.
Finance Ministry to issue EGP 196.5bn worth T-bill, bond tenders in November
The offering comprises 16 tenders for T-bills worth EGP 158bn, and 10 tenders for bonds worth EGP 38.5bn.
CBE receives 35 offers to invest €705.3m in local T-bill auction
Thirty offers have been accepted at value of €605.3m
CBE receives 31 bids to invest $1.095bn in T-Bill auction
25 offers worth $975.4m were accepted
CBE receives 38 bids to invest $966.9m in T-Bill auction
Growing value of gold reserves pushes FX reserves to its highest level at 2019-end
Local, foreign financial institutions offer to invest $1.054bn in USD T-Bills
Interest rate highest at 3.35%, lowest at 3.32%, averaging 3.346%
The drop in T-bill yields at auctions reflects increasing foreign investor participation, Bank of America
In a study issued by Bank of America Merril Lynch about Egypt’s economy, the bank stated that the carry trade in Egyptian Treasury Bills (T-bills) is gaining ground. It added that the drop in T-bill yields at auctions reflects increasing foreign investor participation and is helping USD/EGP trade with a better one. In a press …
Net foreign purchases of T-bills jump to $1.15bn in January
Foreign investments in debt instruments is one of the most important sources of international financing for emerging and developed economies: CBE