8 Hrs
Source:
بوابة أخبار اليوم
Central Bank releases 115B pounds in treasury bills
The Central Bank of Egypt announced today the issuance of treasury bills with a total value of 115 billion Egyptian pounds, aimed at financing the state's budget deficit. Treasury bills for 182 days were issued with a value of 40 billion pounds, and another for 364 days with a value of 75 billion pounds. The interest rates on these bills ranged between 21% and 25.73%, with a weighted average rate of approximately 25%. These issuance operations help to bridge the budget deficit and attract investments from government banks and investors.
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