Egypt's central bank issues 21.5 bln EGP in T-bills

STORY: Egypt's central bank issues 21.5 bln EGP in T-bills DATELINE: Aug. 29, 2022 LENGTH: 00:01:17 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of Finance Ministry 2. various of Central Bank of Egypt 3. various of accountant counting banknotes 4. various of people waiting for their turns at an ATM 5. exterior of the National Bank of Egypt 6. exterior of different banks STORYLINE: The Central Bank of Egypt (CBE), on behalf of the Finance Ministry, issued 21.5 billion Egyptian pounds (about 1.12 billion U.S. dollars) in treasury bills (T-bills) on Sunday. The T-bills were offered in two installments, with the first one valued at 14 billion EGP with a 91-day term, and the second worth 7.5 billion EGP with a 273-day term. The government borrows through bonds and treasury bills over different periods of time; the government banks are the largest purchasers of them. The banks operating in the Egyptian market are the largest sectors investing in bonds and treasury bills, which the government periodi

• Product Code
• ILEA001010530

• Registered date
• 2022/8/29 00:00:00

• Credit
• Xinhua / Kyodo News Images

• Media source
• Xinhua News Agency.All Rights Reserved

• Media size
• 1920 × 1080 pixel

• Deployment size
• 69.71(MB)*

• Special instruction

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