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Egypt sells EUR 695.1 mn of one-year treasury bills

by The Enterprise CompanyEgypt Edition13 November 2018

Egypt sold EUR 695.1 mn worth of EUR-denominated one-year treasury bills yesterday, central bank data shows. Yields on the bills averaged 1.75%, up from 1.6% at a similar auction in August, according to Reuters.

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Egypt sells EUR 695.1 mn of one-year treasury bills

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Banking

BdC’s 3Q net income falls 20% y-o-y, while 9M income rises 5%

Finance

Africa’s own credit rating agency plans its first rating by March 2027, and our central bank has long backed it

Capital Markets

EGX’s newest investors meet their first selloff

Fintech

Granite’s Hisham Akram

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