Egypt’s central bank issues LE 19B in T-bills Sunday – Egypttoday

  • Date: 05-Apr-2020
  • Source: Egypt Today
  • Sector:Economy
  • Country:Egypt
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Egypt’s central bank issues LE 19B in T-bills Sunday – Egypttoday

CAIRO - 5 April 2020: The Central Bank of Egypt (CBE), on behalf of the Ministry of Finance, is set to issue LE 19 billion in treasury bills on Sunday, April 5.. The Monetary Policy Committee of the Central Bank of Egypt (CBE) decided April 2 to keep the overnight deposit rate, the overnight lending rate, and the rate of the main operation at 9.25 percent, 10.25 percent, and 9.75 percent, respectively.. Credit and discount rates are cut at 9.75 percent from 12.75 percent.. Egypt organizes a virtual visit to the tomb of King Khufu's granddaughter. Egypt sends Italy medical aid amid COVID-19 spread.