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Latest in Tag: treasury bills


For the seventh time: CBE fixes interest rates on deposits and loans

In its meeting Thursday, the monetary policy committee in the Central Bank of Egypt has decided to fix the interest rates on deposits at 9.25 per cent and on the one night lending at 10.25 per cent for the seventh time since February, in an attempt to maintain the bank’s monetary policy and to control …


Qatar builds yield curve with T-bill issues

By Mala Pancholia and Rachna Uppal /Reuters DUBAI: Qatar’s decision to expand its issues of Treasury bills is succeeding in draining excess liquidity from the banking system, but it also appears to have another, long-term policy purpose: building a complete Qatari riyal yield curve. That could have several benefits for the emirate, helping it fund …


Yields rise at Egyptian 182-day T-bill auction

By Mohamed Samir/Reuters CAIRO: The average yield on 182-day Egyptian treasury bills inched up at an auction on Thursday and the central bank sold less bills than it was offering, the Ministry of Finance said The average yield was 14.824 percent, up from 14.791 percent at an auction last week. The central bank sold bills …


Qatar to keep short-term debt issuance steady

By Regan Doherty and Martin Dokoupil / Reuters DOHA/DUBAI: Qatar’s central bank will keep issuing 4 billion riyals ($1.1 billion) in treasury bills every month, its chief said on Monday, suggesting that policymakers are still comfortable with strong bank lending growth despite higher inflation risks. The world’s top liquefied natural gas (LNG) exporter is expected …


Yields rise at Egyptian 182-day T-bill auction

By Mohamed Samir / Reuters CAIRO: The average yield on 182-day Egyptian treasury bills inched up at an auction on Thursday and the central bank sold all the bills it was offering, the Ministry of Finance said. The average yield was 14.856 percent, up from 14.829 percent at an auction last week. The bank sold bills …


Yields fall at Egyptian debt auction

By Tom Pfeiffer / Reuters CAIRO: The average yield declined on 273-day treasury bills auctioned by Egypt’s central bank on Sunday, the Ministry of Finance said, and strong recent buying of the same tenor on the secondary market suggest investors see further declines. Traders said the central bank’s move on March 20 to lower its reserve …


Egypt sells more 364-day T-bills than offered

By Mohamed Samir / Reuers CAIRO: The average yield on Egyptian 364-day domestic treasury bills eased at an auction on Thursday, and the central bank sold more than it originally offered. But the yield on 182-day T-bills rose, and the bank sold less than it sought, it said. On the 364-day bills, the average yield fell …


Yield dips at Egypt 266-day T-bill auction

By Reuters CAIRO: The yield on Egyptian treasury bills fell at an auction on Sunday, and the central bank sold the entire LE 3.5 billion ($579.8 million) worth it had asked for, the Ministry of Finance said on its website. This was the central bank’s second auction since it lowered the reserve requirement on local …


Egypt T-bills yields dip after new central bank policy

By Mohamed Samir / Reuters CAIRO: The average yield on Egyptian treasury bills dipped on Thursday at the central bank’s first auction since it lowered the reserve requirement on local currency deposits to 12 percent from 14 percent. The central bank said it sold all the T-bills it was offering. Analysts said lowering the reserve ratio …


Egypt T-bill auction a success as demand picks up

By Tom Pfeiffer / Reuters CAIRO: Egypt’s central bank sold more treasury bills than it originally offered at an auction on Sunday, as optimism that the country will secure an emergency IMF loan draws more local investors into high-yielding government debt, analysts said. The bank sold LE 4.5 billion ($746 million) of 266-day T-bills, instead of …


Egypt sells more T-bills than offered as yields dip

By Tom Pfeiffer and Mohamed Samir /Reuters CAIRO: Egypt’s central bank sold more treasury bills than it originally offered at an auction on Thursday as optimism that the country may be over the worst of an economic crisis pushed yields down from historic highs. It was the second decline for 182-day T-bill yields in two weeks. …


Yield edges down at Egypt T-bill auction

By Reuters CAIRO: The average yield on 182-day and 364-day Egyptian treasury bills inched down at an auction on Thursday and the central bank sold all the bills it was offering, the bank said.. The average yield on the 182-day T-bills was 14.89 percent, down from 14.923 percent at the last week’s auction. The bank …


Central Bank sells more 182-day T-bills than it offered

By Mohamed Samir / Reuters CAIRO: Egypt’s central bank sold more 182-day treasury bills than originally offered at an auction on Thursday, but trimmed the amount of 357-day T-bills it sold, the bank said. It sold LE4.5 billion ($745.50 million) of 182-day T-bills on behalf of the Finance Ministry instead of the LE3 billion it had …


Yield rises at Egypt 266-day T-bill auction

CAIRO: The yield on Egyptian treasury bills rose at an auction on Sunday, and the central bank sold the entire LE 3.5 billion ($549.5 million) worth it had asked for, the Finance Ministry said. The average yield on the 266-day treasury bills rose to 15.923 percent from 15.802 percent at the last issue on Jan …


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