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Change in tax treatment of treasury holdings won’t take effect until measure passes Egypt’s House; expect more news today
Change in tax treatment of treasury holdings won’t take effect until measure passes the House; expect more news today: The…
Gov’t treasuries to trade on the EGX in 1Q2019
EXCLUSIVE- Gov’t treasuries to trade on the EGX in 1Q2019: The Madbouly government plans to begin selling treasuries on the…
Foreigners dump Egyptian debt for seventh month in a row; more speculation that state banks are propping up the EGP
Foreigners dump Egyptian debt for seventh month in a row; more speculation state that banks are propping up the EGP:…
Egypt sells EGP 1.25 bn worth of T-bonds
The central bank sold EGP 1.25 bn-worth of treasury bonds on Monday, Finance Ministry data shows. Yields on the three-year…
Egypt banks will see their taxes rise as a result of separately accounting for income from holdings of state debt
Banks will pay significantly more taxes under gov’t proposal that they account separately for their investments in state debt: The…
Gov’t working on a single card for citizens to receive social welfare benefits and subsidies
CABINET WATCH- “Meeza” debit card to encompass all government services: The government is working to expand its new “Meeza” state…
CBE sells USD 1.7 bn USD-denominated T-bills, repurchases USD 2.6 bn T-bonds
The central bank sold USD 1.7 bn-worth of one-year USD-denominated treasury bills on Monday at an average yield of 3.697%,…
Egypt sells EUR 695.1 mn of one-year treasury bills
Egypt sold EUR 695.1 mn worth of EUR-denominated one-year treasury bills yesterday, central bank data shows. Yields on the bills…
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