Saturday 30/Aug/2025 – 10:22 PM
The Ministry of Finance has accepted 724 offers, to sell local treasury bills of 75.179 billion pounds on two post -legs with an average interest ranging from 25.897% to 26.975%, in light of the Ministry of Finance’s plan to fill the budget deficit and provide the necessary liquidity for different ministries and bodies.
Selling local cabinet bills
The first offering included about 328 offers to sell local tank bills of 31.28 billion pounds for a year, at a interest from 25% to 25.99% and an average return of 25.89%, while the second offering includes 396 offers to sell local treasury bills worth 43.89 billion pounds, at a benefit from 26.49% to 27.099%, with an average interest of 26.97% for a period of 6 months.
The Central Bank of Egypt will launch tomorrow, Sunday, on behalf of the Ministry of Finance, the launch of treasury bills in the local currency of 55 billion pounds, during an auction within the framework of the state’s plan to manage its financing needs and meet liquidity in the banking sector.
According to the data published on the official website of the Central Bank, the offering is distributed in two periods, as it includes, wardrobe bills for 3 months, about 91 days, at a value of 20 billion pounds, issued on September 2, 2025, to be due on December 2, 2025, and wardrobe bars for 9 months (273 days) at a value of 35 billion pounds, issued on September 2, 2025, and it is due on June 2, 2026.
Thus, the total value of the offering reaches 55 billion pounds, within the periodic propositions program implemented by the Ministry of Finance through the Central Bank, and earlier the central bank headed by Governor Hassan Abdullah decided to reduce the interest rate on deposit and lending by 2% equivalent to 200 basis points, in light of the economic data witnessed in Egypt, which includes the decline in inflation and the increase in dollar reserves.
Reduction of deposit and lending price
The Monetary Policy Committee of the Central Bank said at its meeting yesterday, Thursday, that the price of the return and lending for one night and the price of the main operation of the Central Bank was reduced at 22.00%, 23.00% and 22.50%, respectively.
The rate of inflation decreased
It also decided to reduce the price of credit and discount to 22.50%, and this decision comes as a reflection of the latest economic developments and expectations since the previous monetary policy committee meeting, and the basic inflation rate that the central bank has decreased to 11.6% in July 2025 compared to 11.4% in June 2025.
