Foreign holdings of Egyptian treasuries rise to USD 14.6 bn in February

Foreign holdings of Egyptian treasuries rose to USD 14.6 bn in February (EGP 249.6 bn) , compared to USD 13.7 bn (EGP 233.8 bn) in January, according to the CBE’s March monthly statistical bulletin (pdf). Finance Minister Mohamed Maait said in March that foreign holdings of t-bills stood at USD 15.8 bn at the end of February. Total holdings of treasuries inched down to EGP 135.8 bn in February from EGP 137.1 bn in January.