Egypt's central bank auctions 40 bln EGP in T-bills to fund budget deficit

STORY: Egypt's central bank auctions 40 bln EGP in T-bills to fund budget deficit DATELINE: April 10, 2023 LENGTH: 00:00:45 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of the Egyptian Ministry of Finance 2. various of the Central Bank of Egypt 3. various of Egyptian banknotes STORYLINE: The Central Bank of Egypt (CBE), on behalf of the Ministry of Finance, auctioned treasury bills (T-bills) worth 40 billion Egyptian pounds (EGP) (about 1.3 billion U.S. dollars) on Sunday, divided into two issues. The first issue amounts to 23 billion EGP, with a 91-day tenor that matures on July 11, while the second issue totals 17 billion EGP, with a 273-day tenor, maturing on January 9, 2024. This auction follows the CBE's previous auction of T-bills on April 4 with a total value of 38 billion EGP, including 91-day, 182-day, 273-day, and 364-day tenors. The accepted bids amounted to 4.97 billion EGP, with an average yield of 22.3 percent. The CBE typically issues T-bills to fund the budget deficit. The cou

Carreras croons for charity at Angkor Wat

Carreras croons for charity at Angkor Wat

SIEM REAP, Cambodia - Tenor Jose Carreras could hardly ask for a better backdrop when he sang on the evening of Dec. 6 at Cambodia's famed Angkor Wat temple for a gala charity concert. The 12th-century complex and member of the Three Tenors group drew 1,000 listeners, from Europe, the United States and elsewhere, each paying between $500 and $1,500 for plate at a banquet prepared by 70 chefs.

Three Tenors sing in concert marking 2002 World Cup

Three Tenors sing in concert marking 2002 World Cup

YOKOHAMA, Japan - Opera stars Placido Domingo (L), Jose Carreras (C) and Luciano Pavarotti, who make up the world-famous Three Tenors, sing at a concert in Yokohama on June 27 to mark this year's World Cup soccer finals. The performance was their fourth straight World Cup concert since the 1990 finals in Rome. (World Cup 2002)

Carreras croons for charity at Angkor Wat

Carreras croons for charity at Angkor Wat

SIEM REAP, Cambodia - Tenor Jose Carreras could hardly ask for a better backdrop when he sang on the evening of Dec. 6 at Cambodia's famed Angkor Wat temple for a gala charity concert. The 12th-century complex and member of the Three Tenors group drew 1,000 listeners, from Europe, the United States and elsewhere, each paying between $500 and $1,500 for plate at a banquet prepared by 70 chefs. (Kyodo)

MY SONG GOES ROUND THE WORLD

MY SONG GOES ROUND THE WORLD

MY SONG GOES ROUND THE WORLD [BR 1934] From left - JOHN LODER as the singer's best friend, JOSEPH SCHMIDT as the singer, unlucky in love, JACK BARTY as the singer's manager. (Making his British screen debut in this film JOSEPH SCHMIDT (1904-1942), the Romanian tenor, sometimes known as The Pocket Singer, was four foot two inches tall.) MY SONG GOES ROUND THE WORLD [BR 1934] From left - JOHN LODER as the singer's best friend, JOSEPH SCHMIDT as the singer, unlucky in love, JACK BARTY as the singer's manager. (Making his British screen debut in this film JOSEPH SCHMIDT (1904-1942), the Romanian tenor, sometimes known as The Pocket Singer, was four foot two inches tall.) Date: 1934

MY SONG GOES ROUND THE WORLD

MY SONG GOES ROUND THE WORLD

MY SONG GOES ROUND THE WORLD JOSEPH SCHMIDT (left) as the singer, unlucky in love. (Making his British screen debut in this film JOSEPH SCHMIDT (1904-1942), the Romanian tenor, sometimes known as The Pocket Singer, was four foot two inches tall). MY SONG GOES ROUND THE WORLD JOSEPH SCHMIDT (left) as the singer, unlucky in love. (Making his British screen debut in this film JOSEPH SCHMIDT (1904-1942), the R Date: 1934

MY SONG GOES ROUND THE WORLD

MY SONG GOES ROUND THE WORLD

MY SONG GOES ROUND THE WORLD [BR 1934] From left - JOHN LODER as the singer's best friend, JOSEPH SCHMIDT as the singer, unlucky in love, JACK BARTY as the singer's manager. (Making his British screen debut in this film JOSEPH SCHMIDT (1904-1942), the Romanian tenor, sometimes known as The Pocket Singer, was four foot two inches tall.) MY SONG GOES ROUND THE WORLD [BR 1934] From left - JOHN LODER as the singer's best friend, JOSEPH SCHMIDT as the singer, unlucky in love, JACK BARTY as the singer's manager. (Making his British screen debut in this film JOSEPH SCHMIDT (1904-1942), the Romanian tenor, sometimes known as The Pocket Singer, was four foot two inches tall.) Date: 1934

MY SONG GOES ROUND THE WORLD

MY SONG GOES ROUND THE WORLD

MY SONG GOES ROUND THE WORLD JOSEPH SCHMIDT (left) as the singer, unlucky in love. (Making his British screen debut in this film JOSEPH SCHMIDT (1904-1942), the Romanian tenor, sometimes known as The Pocket Singer, was four foot two inches tall). MY SONG GOES ROUND THE WORLD JOSEPH SCHMIDT (left) as the singer, unlucky in love. (Making his British screen debut in this film JOSEPH SCHMIDT (1904-1942), the R Date: 1934

Three Tenors sing in concert marking 2002 World Cup

Three Tenors sing in concert marking 2002 World Cup

YOKOHAMA, Japan - Opera stars Placido Domingo (L), Jose Carreras (C) and Luciano Pavarotti, who make up the world-famous Three Tenors, sing at a concert in Yokohama on June 27 to mark this year's World Cup soccer finals. The performance was their fourth straight World Cup concert since the 1990 finals in Rome. (World Cup 2002)