Latest in Tag: T-bills Highlight

Latest in Tag: T-bills

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 …

Daily News Egypt

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 …

Daily News Egypt

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 …

Daily News Egypt

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 …

Daily News Egypt

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 …

Mohamed Samir

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 …

Daily News Egypt

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