Central Bank of Egypt
The discount rate was also kept at 18.75 percent.
Barclays will work alongside local financial advisor, CI Capital.
EG-FinCIRT's achievement is in line with the Central Bank's strategic focus on strengthening cyber security within the financial and banking sector
The T-bonds were offered in one installment at LE 1 billion with a three-year term.
CBE reported the value of gold listed in reserves increased to $8 billion in April, compared to $7.3 billion in December, an increase of $705 million.
Egypt’s net inflow of foreign direct investment increased about $5.7 billion from July to December, compared to $3.3 billion in the same period in 2021.
Egypt’s tourism revenues recorded $7.3 billion jumping to 25.7 percent during the second half of 2022
The CBE attributed the hike in tourism revenues to the increase in the number of tourist nights by 27.2 percent on an annual basis, to record about 78.4 million nights, and the increase in the number of tourists coming to Egypt by 27.5 percent, to reach about 6.8 million tourists.
The remittances from Egyptian expatriates declined during the third quarter of 2022 (July-September) by 20.9 percent, recording $6.4 billion, down from $8.1 billion during the same quarter of 2021.
The report also reveals that the total non-governmental deposits in local currency in banks increased to LE 5.614 trillion in March 2023, up from LE 5.411 trillion in December 2022, representing a growth rate of 3.8 percent
Egypt's NFAs deficit surged by LE 536.2 billion ($17.33 billion) month-on-month (m-o-m) in March 2023
The T-bonds were offered in one installments with a variable return at LE 3 billion with a three-year term.
The T-bills were offered in two installments, with the first valued at LE 22.5 billion with a 91-day term.
The Central Bank said that work in banks will resume on the morning of Sunday, May 7.
The T-bills were offered in two installments, with the first valued at LE 16 billion with a 182-day term.
The fund is also looking for increased privatization deals for state assets and genuine flexibility in Egypt’s currency, the unnamed sources revealed to Bloomberg
The Central Bank said that work in banks will resume on the morning of Tuesday, April 18th.
Core inflation discounts or strips out certain categories that are considered more volatile.
The T-bonds were offered in one installments with a variable return at LE 1 billion with a three-year term.
The CBE decided to amend the time period for following up the gold proceeds and excluding some cases related to the proceeds of gold export operations.
