With this, the total outstanding value of Government Treasury Bills
The suspects are jointly alleged to have made other Treasury Bills
valued at Sh286 million purporting they were valid issued by CBK.
are short-term, highly secured financial instruments issued by the central bank of Oman on behalf of the government.
Yesterday, the debt agency launched a EUR1.25bn Treasury bill
line maturing due 18 March 2011.
Banks set the commission at 1.5% if foreign investors invest in treasury bills
for three months, 2.75% if the investment is for six months, 4% if the investment is for nine months, and 4.75% if the investment is for 12 months.
Experts keep criticizing banks for investing their money in treasury bills
instead of crediting firms more.
CAIRO - 28 November 2018: Foreign investments in treasury bills
(T-bills) recorded LE 210.21 billion ($11.71 billion) by the end of October, compared to LE 234.52 billion ($13.06 billion) by the end of September, according to data from the Central Bank of Egypt (CBE).
The interest rate on the Repo operations with CBO is 2.928% for the period from 28/5/2019 to 3/6/2019 while the discount rate on the Treasury Bills
Discounting Facility with CBO is 3.678% for the same period.
The Bank periodically sells treasury bills
in efforts to raise capital for the Federal Government.
The treasury bills
mature in 28 days, from 30 May 2018 until 27 June 2018.
Outstanding treasury bills
amounted to P345.9 billion at end-October.
The foreigners' investments in Egyptian treasury bills
reached EGP 145.8bn, equivalent to EGP 8bn since the flotation of pound in November 2016.