{"id":562671,"date":"2021-06-02T04:00:51","date_gmt":"2021-06-02T04:00:51","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/02\/foreign-investors-are-still-buying-our-treasuries\/"},"modified":"2021-06-02T04:00:51","modified_gmt":"2021-06-02T04:00:51","slug":"foreign-investors-are-still-buying-our-treasuries","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/02\/foreign-investors-are-still-buying-our-treasuries\/","title":{"rendered":"Foreign investors are still buying our treasuries"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>FROM THE DEPT. OF GOOD NEWS- Foreign holdings of Egyptian treasury bills jumped to <\/strong><strong>USD 20.8 bn<\/strong><sup><\/sup> (c. EGP 327 bn) as of the end of April, up from USD 20 bn (<sup><\/sup>EGP 314 bn) in March, according to <a href=\"https:\/\/ent.news\/2021\/6\/Bulletin_290_May.2021.pdf\">central bank figures (pdf)<\/a> released yesterday. Investors put almost USD 3 bn i<sup><\/sup>nto the short-term debt instruments during the first four months of the year as sentiment continued to improve following the dramatic sell-off in emerging markets in March 2020.<\/p>\n<p><strong>Investment in bills + bonds hit a record high earlier this year:<\/strong> Foreign inflows into Egyptian debt surged to <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-03-02\/foreign-holdings-in-egypt-s-debt-hit-record-shrugging-off-virus?sref=mmeFTDW1\">a record USD 28.5 bn<\/a> (c. EGP 447 bn) in February, making up for outflows suffered during the covid-induced sell-off last year and bringing holdings back above pre-covid levels. Sentiment is buoyed by Egypt\u2019s <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c1816616-c2bb-4b6e-a801-81f8adf1c565\">high real interest rate<\/a>, which is among the best in the world, low currency risk, and supportive economic policies being pushed by both the Central Bank of Egypt and the Madbouly government.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>FROM THE DEPT. OF GOOD NEWS- Foreign holdings of Egyptian treasury bills jumped to USD 20.8 bn (c. EGP 327 bn) as of the end of April, up from USD 20 bn (EGP 314 bn) in March, according to central bank figures (pdf) released yesterday. Investors put almost USD 3 bn into the short-term debt [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":562672,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7206],"tags":[82,7106,104,72,1041],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-562671","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-bonds","tag-debt","tag-economy","tag-enterpriseam","tag-treasuries","wpautop","entry"],"acf":{"mongo_id":"af7c2e78-e82f-466d-8ead-6685971c5842","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/6\/36.jpg","photo_position":"above","related_issue":[562667],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Foreign investors are still buying our treasuries - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/02\/foreign-investors-are-still-buying-our-treasuries\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Foreign investors are still buying our treasuries\" \/>\n<meta property=\"og:description\" content=\"FROM THE DEPT. OF GOOD NEWS- Foreign holdings of Egyptian treasury bills jumped to USD 20.8 bn (c. EGP 327 bn) as of the end of April, up from USD 20 bn (EGP 314 bn) in March, according to central bank figures (pdf) released yesterday. Investors put almost USD 3 bn into the short-term debt [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/02\/foreign-investors-are-still-buying-our-treasuries\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-02T04:00:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/6\/36.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/02\/foreign-investors-are-still-buying-our-treasuries\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/02\/foreign-investors-are-still-buying-our-treasuries\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Foreign investors are still buying our treasuries\",\"datePublished\":\"2021-06-02T04:00:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/02\/foreign-investors-are-still-buying-our-treasuries\/\"},\"wordCount\":164,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/02\/foreign-investors-are-still-buying-our-treasuries\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/6\/36.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Bonds\",\"debt\",\"economy\",\"EnterpriseAM\",\"treasuries\"],\"articleSection\":[\"Economy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/02\/foreign-investors-are-still-buying-our-treasuries\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/02\/foreign-investors-are-still-buying-our-treasuries\/\",\"name\":\"Foreign investors are still buying our treasuries - 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EGP 350 bn) as of the end of May from USD 20.9 bn (EGP 327 bn) in April, according to central bank\u2026","rel":"","context":"In &quot;DEBT WATCH&quot;","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/378.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":601697,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/07\/foreign-holdings-in-egyptian-treasuries-up-to-usd-15-8-bn\/","url_meta":{"origin":562671,"position":1},"title":"Foreign holdings in Egyptian treasuries up to USD 15.8 bn","author":"enterpriseam admin","date":"7 March 2019","format":false,"excerpt":"Foreign holdings in Egyptian treasuries up to USD 15.8 bn: Foreign investors held USD 15.8 bn of Egyptian treasury bills and bonds at the end of February, Finance Minister Mohamed Maait revealed on Wednesday, in a leap from January\u2019s figures of USD 13.36 bn, Reuters reports. \u201cThat\u2019s great news,\u201d said\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":598130,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/15\/foreign-holdings-of-egyptian-treasuries-rise-to-usd-14-6-bn-in-february\/","url_meta":{"origin":562671,"position":2},"title":"Foreign holdings of Egyptian treasuries rise to USD 14.6 bn in February","author":"enterpriseam admin","date":"15 May 2019","format":false,"excerpt":"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\u2019s March monthly statistical bulletin (pdf). Finance Minister Mohamed Maait said in March that foreign holdings of t-bills stood at USD\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":571359,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/10\/foreign-reserves-fall-for-second-consecutive-month-in-april\/","url_meta":{"origin":562671,"position":3},"title":"Foreign reserves fall for second consecutive month in April","author":"enterpriseam admin","date":"10 May 2020","format":false,"excerpt":"Foreign reserves fell in April for the second consecutive month as the central bank honored repatriation requests from foreign investors, theCentral Bank of Egypt said in a statement (pdf). Reserves slipped by another USD 3.1 bn during the month to USD 37 bn, having fallen from a peak of USD\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/5\/90.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":559318,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/18\/foreign-holdings-near-pre-covid-peak\/","url_meta":{"origin":562671,"position":4},"title":"Foreign holdings near pre-covid peak","author":"enterpriseam admin","date":"18 January 2021","format":false,"excerpt":"Foreign investment in EGP bonds has continued to rebound through the beginning of 2021, with total holdings now standing at USD 26 bn, Minister Mohamed Maait told Al Arabiya and CNBC in separate interviews yesterday. This is up from USD 23 bn at the end of November and is less\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/1\/199.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":649271,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/27\/foreign-holdings-of-egyptian-debt-increased-to-egp-91-8-bn\/","url_meta":{"origin":562671,"position":5},"title":"Foreign holdings of Egyptian debt increased to EGP 91.8 bn","author":"enterpriseam admin","date":"27 April 2017","format":false,"excerpt":"Foreign investors have reportedly grown their holdings of Egyptian treasuriesto EGP 91.8 bn since the EGP float, Al Borsa reports, citing government sources. Foreign investors snapped up EGP 1.4 bn in T-bills in Sunday\u2019s offering alone, the newspaper said on Wednesday. By Bloomberg\u2019s last count (citing the Finance Ministry), the\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/562671","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=562671"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/562671\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/562667"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/562672"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=562671"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=562671"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=562671"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=562671"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=562671"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}