56 Days
Source:
عين ليبيا
Central Bank urges banks to subscribe to new "Deposit Certificates"
The Central Bank of Libya announced a new issuance of unrestricted profit-sharing deposit certificates, comprising three different categories with fixed values up to 10,000 dinars. These certificates mature over periods ranging from 91 to 365 days. The issuance aims to organize liquidity within the banking sector and is expected to generate estimated profits between 5.5% and 7.5% annually for subscribing banks, with profit distribution of 99.75% to the subscribing bank and 0.25% to the Central Bank.
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