Egypt's central bank issues 50 bln EGP in T-bills

**This is a 60-seconds sample of the video. For the full version, please contact us.**

Egypt's central bank issues 50 bln EGP in T-bills

STORY: Egypt's central bank issues 50 bln EGP in T-bills SHOOTING TIME: file DATELINE: March 4, 2024 LENGTH: 00:00:45 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of Egypt's Finance Ministry and the minister 2. various of Egypt's central bank 3. various of the Egyptian banknotes STORYLINE: The Central Bank of Egypt (CBE), on behalf of the Ministry of Finance, issued treasury bills (T-bills) at a total value of EGP 50 billion through two offerings on Sunday. With a tenor of 91 days, the first tranche was valued at about EGP 25 billion, according to official data. The second offering stood at EGP 25 billion and will mature in 273 days. In early February, the Central Bank of Egypt raised the key interest rates by two percent. Accordingly, the overnight deposit rate, the overnight lending rate, and the main operation rate were raised to 21.25 percent, 22.25 percent, and 21.75 percent, respectively. In addition, the discount rate was raised by 200 basis points to 21.75 percent. The decision has b

  • Product Code
  • ILEA002412489
  • Registered date
  • 2024/3/04 00:00:00
  • Credit
  • Xinhua / Kyodo News Images
  • Media source
  • Xinhua News Agency.All Rights Reserved
  • Media size
  • 1920 × 1080 pixel
  • Deployment size
  • 43.53(MB)*
  • Special instruction

*File size when opened in Photoshop, etc.

Similar Images & Videos

    Bank of Japan keeps interest rate unchanged, yen sinks below 156

    STORY: Bank of Japan keeps interest rate unchanged, yen sinks below 156 SHOOTING TIME: file DATELINE: April 27, 2024 LENGTH: 00:01:37 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of Bank of Japan 2. various of city view in Tokyo 3. various of fresh food in supermarkets 4. various of city view in Tokyo STORYLINE: The Japanese central bank on Friday maintained its policy rate unchanged after wrapping up its two-day policy meeting, which sent the Japanese yen to its fresh 34-year low past the 156 line. The Bank of Japan (BOJ) decided to guide short-term interest rates in a range of zero and 0.1 percent, a month after it ended the negative interest rate policy in its first rate hike in 17 years. The announcement weakened the country's currency against the U.S. dollar to the lowest level since May 1990, raising the risk of forex intervention by Japanese authorities. The BOJ, which also maintained its policy regarding government bond buying, said the country's core inflation, which excludes volatile

      Turkish central bank keeps policy rate unchanged at 50 pct

      STORY: Turkish central bank keeps policy rate unchanged at 50 pct SHOOTING TIME: Earlier footage DATELINE: April 26, 2024 LENGTH: 00:01:04 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of Turkish Central Bank 2. various of Turkish lira STORYLINE: Türkiye's central bank on Thursday kept its interest rate unchanged at 50 percent, saying that the monetary policy decisions in March have led to a significant tightening in financial conditions. "Considering the lagged effects of the monetary tightening, the committee decided to keep the policy rate unchanged, but reiterated that it remains highly attentive to inflation risks," the bank said in a statement, adding that it will maintain the tight monetary stance until a significant and sustained decline in monthly inflation is observed. Despite the ongoing decline, the underlying trend of monthly inflation in March was higher than expected, the statement said. "While imports of consumer goods and gold contribute to the improvement in the current

        Egypt targets 1 bln USD from selling stakes in state assets in 2024: minister

        STORY: Egypt targets 1 bln USD from selling stakes in state assets in 2024: minister SHOOTING TIME: File DATELINE: April 22, 2024 LENGTH: 00:00:46 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of Egypt's Planning Minister Hala El-Said speaking 2. various of the Central Bank of Egypt 3. various of an accountant counting banknotes STORYLINE: Egypt's minister of planning and economic development, Hala El-Said said on Sunday that the government aims to raise 1 billion USD this year by selling state assets through its ongoing privatisation program. She said that the government aims for an increased target of 1.5 billion USD for 2025. Xinhua News Agency correspondents reporting from Cairo. (XHTV)

          NW China's Xinjiang sees foreign trade value up 42.7 pct in Q1

          STORY: NW China's Xinjiang sees foreign trade value up 42.7 pct in Q1 SHOOTING TIME: April 10, 2024 DATELINE: April 20, 2024 LENGTH: 0:00:57 LOCATION: URUMQI, China CATEGORY: ECONOMY SHOTLIST: 1. various of Horgos Port in Horgos, northwest China's Xinjiang Uygur Autonomous Region 2. various of a China-Europe freight train 3. various of Horgos Port in Horgos, northwest China's Xinjiang Uygur Autonomous Region STORYLINE: Total import and export value of goods in northwest China's Xinjiang Uygur Autonomous Region grew by 42.7 percent year on year to 93.63 billion yuan (about 13.2 billion U.S. dollars) in the first quarter of 2024, the second highest growth rate among all provinces, autonomous regions and municipalities in China, official data showed on Thursday. In March 2024 alone, Xinjiang's foreign trade value grew by 27.3 percent, registering growth for 29 consecutive months. From January to March, the region had conducted trade with 193 countries and regions across the globe. Kazakhstan and Kyrgyzstan

            Japan logs trade deficit of 38 bln USD in fiscal 2023

            STORY: Japan logs trade deficit of 38 bln USD in fiscal 2023 SHOOTING TIME: file DATELINE: April 17, 2024 LENGTH: 00:00:55 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of street view in Tokyo STORYLINE: Japan's trade deficit in fiscal 2023 shrank around 70 percent from a year earlier to 5.89 trillion yen (about 38 billion U.S. dollars), government data showed Wednesday. In the fiscal year ended March, exports expanded 3.7 percent to 102.90 trillion yen, topping 100 trillion yen for the first time and marking a record high for the third straight year, according to a preliminary Finance Ministry report. Automobile exports, which account for about 17 percent of Japan's total, grew 30.2 percent to 17.88 trillion yen, eclipsing the previous record of 14.67 trillion yen in fiscal 2007. In contrast, imports dived 10.3 percent to 108.79 trillion yen, falling for the first time in three years, chiefly reflecting falls in imports of coal and liquefied natural gas. With a weaker yen inflati

              Egyptian FM urges restraint after Iranian attack on Israel

              STORY: Egyptian FM urges restraint after Iranian attack on Israel SHOOTING TIME: Archives DATELINE: April 15, 2024 LENGTH: 00:00:45 LOCATION: Cairo CATEGORY: POLITICS SHOTLIST: 1. various of the Egyptian Foreign Affairs Ministry 2. various of Egyptian Foreign Minister Sameh Shoukry 3. various of the Egyptian Foreign Affairs Ministry STORYLINE: Egyptian Foreign Minister Sameh Shoukry urged on Sunday Iran and Israel to exercise the utmost restraint and refrain from provocative policies that would increase regional tension and instability. Shoukry made the call in separate phone talks with foreign ministers of the two rivals, according to a statement by the Egyptian Foreign Ministry. The Egyptian minister expressed his country's deep concern for the unprecedented military escalation between Iran and Israel, which endangers the stability of the region and the interests of its people. Shoukry told his Iranian and Israeli counterparts that Egypt is ready to intensify its efforts in cooperation with i

                Egypt seeks to secure 3.5 mln tonnes of local wheat in 2024 supply season

                STORY: Egypt seeks to secure 3.5 mln tonnes of local wheat in 2024 supply season SHOOTING TIME: Archive DATELINE: April 14, 2024 LENGTH: 00:01:04 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of Egypt's Ministry of Supply and Internal Trade 2. shot of the minister of supply and internal trade speaking 3. various of wheat harvesting STORYLINE: Egypt's Ministry of Supply and Internal Trade has announced that its silos and receiving points will commence the purchase of local wheat from farmers starting Monday. According to Ali Moselhi, minister of supply and internal trade, Egypt has set its sights on acquiring 3.5 million tonnes of local wheat in the 2024 procurement season. The ministry further emphasized that farmers will receive their financial dues within 24 hours just after supplying the wheat quantities. While wheat supplying remains optional this season, the ministry pointed out that transporting wheat from one location to another, without an official permit in the respective gover

                  India's retail inflation eases to 4.85 pct in March

                  STORY: India's retail inflation eases to 4.85 pct in March SHOOTING TIME: April 10, 2024 DATELINE: April 13, 2024 LENGTH: 00:01:20 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of the India Gate 2. various of market area STORYLINE: India's retail inflation eased to 4.85 percent in March, the latest government data showed Friday. According to the data released by the federal Ministry of Statistics and Program Implementation, the inflation based on the consumer price index (CPI) in March stood at 4.85 percent, compared to 5.09 percent in February. Food inflation has also eased to 8.52 percent in March from 8.66 percent in February, the ministry's data showed. According to officials, the price data are collected from 1,114 selected urban markets and 1,181 villages covering all states through personal visits by field staff of the ministry's National Statistical Office. Xinhua News Agency correspondents reporting from New Delhi. (XHTV)

                    Inflation in Sweden slows down in March

                    STORY: Inflation in Sweden slows down in March SHOOTING TIME: April 12, 2024 DATELINE: April 13, 2024 LENGTH: 00:01:30 LOCATION: Stockholm CATEGORY: ECONOMY SHOTLIST: 1. various of Statistics Sweden (SCB) 2. various of supermarkets 3. various of Stockholm's streets STORYLINE: Inflation in Sweden slowed from 4.5 percent in February to 4.1 percent in March, Statistics Sweden (SCB) said on Friday. Mikael Nordin, a statistician at SCB, said that the cost of certain goods had decreased from the same period last year. SCB said that inflation, measured as the Consumer Price Index (CPI), was mainly driven by mortgage costs rising by 39.3 percent for apartment owners. Meanwhile, tenants paid 5 percent higher rents for their apartments than a year earlier. However, increasing housing costs were offset by cheaper diesel and electricity -- down by 17.5 percent and 9.1 percent respectively year-on-year, SCB said. Besides increased lending costs due to the Swedish central bank raising the benchmark interest rate f

                      ECB leaves interest rates unchanged

                      STORY: ECB leaves interest rates unchanged SHOOTING TIME: April 11, 2024 DATELINE: April 12, 2024 LENGTH: 00:01:53 LOCATION: FRANKFURT, Germany CATEGORY: ECONOMY SHOTLIST: 1. various of the European Central Bank 2. various of the EBC press conference 3. SOUNDBITE (English): CHRISTINE LAGARDE, ECB President 4. various of the European Central Bank STORYLINE: The European Central Bank (ECB) on Thursday decided to leave key interest rates unchanged after its regular rate-setting meeting in Frankfurt, Germany. The three key interest rates are still hovering at historically high levels. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility remain unchanged at 4.5 percent, 4.75 percent and 4 percent respectively, the ECB announced in a statement. SOUNDBITE (English): CHRISTINE LAGARDE, ECB President "So in conclusion, the governing council today decided to keep the three key ECB interest rates unchanged. We are determined to ens