Monday 26/May/2025 – 07:43 PM
The Central Bank announced the sale of local treasury bonds for fixed return on behalf of the Ministry of Finance for a period of 5 years at a value of 20 billion pounds in Ata today, Monday, representing about 6 times the target liquidity collected at a value of 3 billion pounds.
The average return price on the treasury bonds
The average return price on the treasury bonds for 5 years decreased by 0.73% to 19.25% compared to about 19.98% in the previous bid, after the Egyptian Central Bank’s decision to reduce the interest rate 1% last Thursday.
Long -term bonds were sold to one out of 17 requests from investors, at a value of 24.5 billion pounds, at an interest rate of up to 30%.
And the centralization of the Central from the issuance of the treasury bonds for two years and 3 years for fixed return, was satisfied with the sale of about 2.7 billion pounds, equivalent to only 14% of the liquidity of targeted, collecting 19 billion pounds due to the high interest rates provided by investors to 27% and 28%, respectively.
The central bank decides to reduce the interest rate
The Monetary Policy Committee of the Central Bank said after its meeting on Thursday, May 22, 2025, that it decided to reduce the price of deposit and lending for one night and the price of the main operation of the Central Bank by 100 basis points to 24.00%, 25.00% and 24.50%, respectively, and decided to reduce the credit and discount price by 100 basis points to 24.50%.
The annual basic inflation, the central bank, increased to 10.4% in April 2025, compared to 9.4% in March 2025.
The monthly change rate in the basic record for consumer prices recorded 1.2% in April 2025 compared to 0.3% in April 2024 and 0.9% in March 2025.
The Central Bank of Egypt witnessed a remarkable shift in its financial performance at the end of April 2025, as it achieved a record profit of 150.05 billion pounds, compared to 134.38 billion pounds at the end of March 2025.
The financial statements of the Central Bank showed that reserves rose to 408.24 billion pounds at the end of April, and the total property rights recorded 209.86 billion pounds compared to 194.15 billion pounds at the end of March 2025.
