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Egypt's c. bank issues fixed-rate EGP 964.4b deposits
Nada Ali Published in Amwal Al Ghad on 28 - 01 - 2025

The Central Bank of Egypt (CBE) offered on Tuesday fixed-rate deposits at 27.75 per cent for seven days, totalling 964.4 billion Egyptian pounds, according to a statement on its website.
The deposits will mature on 28/01/2025, with the amount set at 964.4 billion pounds, as per the bank's statement.
The CBE uses the open market deposit system to absorb surplus liquidity from banks through fixed-rate deposits.
Attribution: Amwal Al Ghad English
Subediting: Y.Yasser

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