Latest news with #treasurybills
Zawya
13 hours ago
- Business
- Zawya
Central Bank of Egypt unveils $1.84bln T-bills end-week
Cairo – The Central Bank of Egypt (CBE) issued treasury bills (T-bills) with an aggregated value of EGP 90 billion through two tranches on Thursday, 31 July. The first auction stood at EGP 40 billion and will mature in 182 days on 3 February 2026, according to official data. Meanwhile, the second offering was valued at EGP 50 billion, holding a tenor of 364 days until 4 August next year. On 27 July, the CBE auctioned T-bills with a combined value of EGP 80 billion through two offerings. All Rights Reserved - Mubasher Info © 2005 - 2025 Provided by SyndiGate Media Inc. (
Zawya
3 days ago
- Business
- Zawya
Oman's central bank issues treasury bills worth $57mln
Muscat: Oman's central bank raised OMR22 million by way of allotting treasury bills on Monday. The value of the treasury bills are for a maturity period of 91 days. The average accepted price reached OMR98.933 for every OMR100, and the minimum accepted price arrived at OMR98.930 per OMR100. The average discount rate and the average yield reached 4.27900% and 4.32514%, respectively. Treasury Bills are short-term highly secured financial instruments issued by the Ministry of Finance, and they provide licensed commercial banks the opportunity to invest their surplus funds. The Central Bank of Oman (CBO) acts as the Issue Manager and provides theadded advantage of ready liquidity through discounting and repurchase facilities (Repo). It may be noted that the interest rate on the Repo operations with CBO is 5.00% while the discount rate on the Treasury Bills Discounting Facility with CBO is 5.50%. Furthermore, Treasury Bills promote the local money market by creating a benchmark yield curve for short-term interest rates. Additionally, the Government may also resort to this instrument whenever felt necessary for financing its recurrent expenditures. © Muscat Media Group Provided by SyndiGate Media Inc. (
Zawya
3 days ago
- Business
- Zawya
Central Bank of Egypt offers debt instruments on Monday
Cairo – The Central Bank of Egypt (CBE) issued treasury bills (T-bills) with a total value of EGP 67 billion through two tranches on Monday, 28 July. The first auction was valued at EGP 27 billion and will mature in 91 days on 28 October 2025, according to official data. Holding a tenor of 273 days until 28 April 2026, the second offering stood at EGP 40 billion. The CEB auctioned fixed treasury bonds (T-bonds) at an aggregated value of EGP 10.50 billion through two issues. The first offering carries a three-year maturity period until 1 July 2028, while the second offering will mature in five years on 8 July 2030. The first and second issues were valued at EGP 10 billion and EGP 500 million, respectively. Earlier this week, the CBE unveiled T-bills and T-bonds at a combined value of EGP 88.50 billion. All Rights Reserved - Mubasher Info © 2005 - 2025 Provided by SyndiGate Media Inc. (
Zawya
15-07-2025
- Business
- Zawya
Central Bank of Oman issues treasury bills worth over $26mln
Muscat: The Central Bank of Oman (CBO) announced Monday that the total value of government treasury bills allocated this week amounted to OMR 10.25 million. The bank explained in a statement today that these bills are allocated for a maturity period of 91 days, with an average accepted price of OMR 98.941, and a minimum accepted price of OMR 98.930 per OMR 100. The average discount rate was 4.24871 percent, and the average return was 4.29421 percent. The statement indicated that the interest rate on repurchase operations with the CBO on these bills is 5 percent, while the discount rate on the CBO treasury bill facility is 5.50 percent. Treasury bills are a short-term, secured financial instrument issued by the Ministry of Finance to provide investment opportunities for licensed commercial banks. The CBO acts as the issue manager for these bills. © Dar Al Sharq Press, Printing and Distribution. All Rights Reserved. Provided by SyndiGate Media Inc. (
Zawya
11-07-2025
- Business
- Zawya
Ethiopia launches secondary market for t-bills, equities
Ethiopia launched a secondary market for trading treasury bills and equities on Friday, a major step forward for its nascent securities exchange which launched earlier this year as part of a drive to liberalise the tightly controlled economy. A secondary market allows investors to buy and sell securities from one another after they have been issued in the primary market. Ethiopia, Africa's second most populous country with around 130 million people, had a stock market in the 1960s and 1970s, but it was abolished by the socialist military government that overthrew the monarchy in 1974. Wegagen Bank has listed 6,218,635 shares, while Gadaa Bank has listed 1,232,728 shares, becoming the first equities to be formally tradeable on the Ethiopia Securities Exchange (ESX). "Today marks another milestone for ESX and stakeholders that worked hard for the past few years to deepen the Ethiopian capital market," ESX Chief Executive Officer Tilahun Kassahun said. State-owned telecom Ethio Telecom sold 10.7% of its shares in an initial public offering last October, but its listing on the ESX has been delayed. More than 90 companies are expected to be listed on the ESX in the next decade, Tilahun said. Ethiopia has registered some of the continent's fastest economic growth rates for years. Prime Minister Abiy Ahmed's bid to open up the economy since he came to power in 2018 has attracted interest from several foreign companies, including Kenya's Safaricom, which won the country's first private telecoms licence in 2021. However, Ahmed's economic liberalisation campaign was interrupted by a two year war in the country's northern Tigray region, which ended in 2022. This month, the International Monetary Fund has approved the third review of Ethiopia's $3.4 billion loan programme as the country continues debt restructuring talks.
