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The CBE will issue Treasury Bills and bonds worth EGP 186bn in May, as part of a government plan to borrow EGP 610bn between April and the end of June 2020.
Issuing EGP 522bn T-bills, EGP 88bn bonds between April-June: Finance Ministry
Net foreign assets up EGP 75.1bn in 7 months, credit facilities rise to EGP 1.883bn in January
16 T-Bills bids worth EGP 175bn, 10 T-Bonds bids worth EGP 37.5bn to be issued this month
The CBE rejected other offers from investors who requested an interest of 4.10%.
Proceeds to cover a previous bid floated on 12 February 2019 worth $1.0141bn
Increase of total outstanding balances of T-Bills to EGP 1.512trn 2019-end
The proceeds of the tender goes to repay a previous tender worth $845.1m offered on 8 January 2019
CBE floated five bill tranches worth $5.1432bn in 2019
CBE accepts $1.56bn worth offers from 33 investors with interests ranging between 3.55-3.6%
The proceeds of this issuance will be directed to repay the earlier T-Bills issuance launched by the CBE on 19 November 2018, valued at $1.703bn.
Ministry of Finance plans 56 T-Bills auctions worth EGP 528.5bn, 28 T-Bonds offerings worth EGP 54bn between October, December
Accepted offers registered at EGP 5.8bn, yield less than 14.5%
EGP 1.213tn in Bills, EGP 814.973bn in Bonds, $23.21bn and €4bn in foreign bonds
CBE set accepted yield minimum at 1.4%, maximum at 1.5%, average at 1.49%
T-Bills balances reached EGP 1.203tn, T-Bonds at EGP 766.36bn, in addition to international bonds of $23.21bn, €4bn, says Finance Ministry
T-Bills due between July 2019 and June 2020
Foreign investment in T-Bills reached about $11bn before 25 January 2011, but fell to less than $25m as of 2016.
Ministry of Finance offers T-Bills, Bonds worth EGP 200.5bn in July, EGP 160.75bn in August, another similar figure in September
Investments of banks operating in local market in government debt instruments amount to EGP 680.882bn
The second tranche consists of EGP 353m, 36-month callable bond with a variable yield of 90 bps over the net after tax return on 182-day Egyptian T-Bills
CBE accepts 24 offers worth $715m with 3.85-3.88% interest
Finance Ministry borrowed about EGP 184bn in T-Bills, T-bonds in April, about EGP 148bn in May
T-Bills balances reached EGP 1.151tn, T-Bonds at EGP 701.188bn, in addition to international bonds worth $23.21bn, €4bn
Government borrows EGP 1.827tn using debt instruments in 2018, EGP 473.75bn in Q1 of 2019
CBE accepts 23 offers worth $1bn with 3.85-3.9% interest
EGP 1.158tn balance of T-Bills, EGP 694.4166bn T-Bonds, international bonds by $23.21bn and $4bn: Finance Ministry
Finance Ministry launches bids for T-Bills, T-Bonds for EGP 184bn in April, EGP 148bn in May, EGP 146.5bn in June
Foreign investments in T-bills reached $7.5bn in 2016/17, compared to $19,000 in 2015/16
Banks supported their securities portfolio with EGP 202.23bn in 2018