The Central Bank of Egypt (CBE), acting on behalf of the Ministry of Finance, increased its sale of the 273-day treasury bills (T-bills) for the fifth consecutive time, collecting EGP 61 billion on a January 19th auction.

Banque Misr has conducted the country’s first digital public auction to sell real estate assets.

The Central Bank of Egypt (CBE), on behalf of the Ministry of Finance, increased the average interest rate on the two-year fixed-return treasury bonds (T-bonds) to 25.28% in an auction held on November 18th.

The Central Bank of Egypt (CBE) has sold three-month treasury bills (T-bills) valued at EGP 52.356 billion in an auction on October 27th.

The Central Bank of Egypt (CBE) has sold three-month treasury bills (T-bills) valued at EGP 50.309 billion at a weighted average yield of 28.34% in an auction on August 11th.

The Central Bank of Egypt (CBE) will sell one-year USD-denominated treasury bills (T-bills) worth $500 million in an auction on June 3rd.

The Egyptian government has canceled 29 auctions of treasury bonds (T-bonds) worth EGP 34.5 billion out of 31 auctions during the first half (H1) of fiscal year (FY) 2023/2024 due to the high yields required by banks from investors.

The Egyptian Assay and Weights Administration is planning to launch the first online gold and silver auction via the Egyptian Mercantile Exchange (EMX) platform on November 14th.

The ministry said those actions were conducted in the governorates of Kafr El Sheikh, Sharkia, Dakahlia, Ismailia, Port Said, Qalyubia, Beheira, Damietta, Menoufia, Gharbia, Fayoum, Beni Suef, Assiut, Sohag, and Minya.