{"id":645941,"date":"2017-06-01T03:55:06","date_gmt":"2017-06-01T03:55:06","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/01\/foreign-investment-in-treasuries-up-13-in-the-past-week-alone\/"},"modified":"2017-06-01T03:55:06","modified_gmt":"2017-06-01T03:55:06","slug":"foreign-investment-in-treasuries-up-13-in-the-past-week-alone","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/01\/foreign-investment-in-treasuries-up-13-in-the-past-week-alone\/","title":{"rendered":"Foreign investment in treasuries up 13% in the past week alone"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>Foreign investment in Egyptian treasuries increased 13% in the past week to EGP 136 bn (USD 7.5 bn)<\/strong>, the Finance Ministry\u2019s head of public debt, Sami Khallaf, <a href=\"http:\/\/af.reuters.com\/article\/egyptNews\/idAFL8N1IX31U\">told Reuters<\/a>. The increase followed the central bank\u2019s decision to raise interest rates by 200 bps. Central Bank Governor Tarek Amer described the level of investment since the rate hike as \u201chistoric,\u201d <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-05-31\/foreign-holdings-of-egypt-debt-reach-7-5-billion-official-says\">Ahmed Feteha writes in Bloomberg<\/a>. Separately, <a href=\"http:\/\/af.reuters.com\/article\/egyptNews\/idAFL8N1IX3VM\">central bank data showed<\/a> that M2 money supply grew by 38.7% y-o-y in April.<\/p>\n<p><strong>The central bank received on Wednesday the USD 3.2 bn that Egypt raised in <\/strong><a href=\"https:\/\/enterprise.press\/stories\/2017\/05\/25\/egypt-sees-new-success-in-second-round-of-eurobond-issuance\/\"><strong>last week\u2019s<\/strong><\/a><strong>eurobond sale<\/strong>, unnamed <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1142002\">bank officials tell AMAY<\/a>. Proceeds from the issuance will be used to bolster foreign currency reserves, for which May figures should be announced next week.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Foreign investment in Egyptian treasuries increased 13% in the past week to EGP 136 bn (USD 7.5 bn), the Finance Ministry\u2019s head of public debt, Sami Khallaf, told Reuters. The increase followed the central bank\u2019s decision to raise interest rates by 200 bps. Central Bank Governor Tarek Amer described the level of investment since the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-645941","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"0b3ab1cb-393f-4918-98a3-19b81201a4fd","order":"0","is_powered_by":true,"section_story_id":"ae22ecad-2d45-4988-9d6d-d8a210325d8e","story_type":"1","photo_url":"","photo_position":"above","related_issue":[645935],"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 investment in treasuries up 13% in the past week alone - 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\/2017\/06\/01\/foreign-investment-in-treasuries-up-13-in-the-past-week-alone\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Foreign investment in treasuries up 13% in the past week alone\" \/>\n<meta property=\"og:description\" content=\"Foreign investment in Egyptian treasuries increased 13% in the past week to EGP 136 bn (USD 7.5 bn), the Finance Ministry\u2019s head of public debt, Sami Khallaf, told Reuters. The increase followed the central bank\u2019s decision to raise interest rates by 200 bps. Central Bank Governor Tarek Amer described the level of investment since the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/01\/foreign-investment-in-treasuries-up-13-in-the-past-week-alone\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-06-01T03:55:06+00:00\" \/>\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\/2017\/06\/01\/foreign-investment-in-treasuries-up-13-in-the-past-week-alone\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/01\/foreign-investment-in-treasuries-up-13-in-the-past-week-alone\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Foreign investment in treasuries up 13% in the past week alone\",\"datePublished\":\"2017-06-01T03:55:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/01\/foreign-investment-in-treasuries-up-13-in-the-past-week-alone\/\"},\"wordCount\":130,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/01\/foreign-investment-in-treasuries-up-13-in-the-past-week-alone\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/01\/foreign-investment-in-treasuries-up-13-in-the-past-week-alone\/\",\"name\":\"Foreign investment in treasuries up 13% in the past week alone - 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Meanwhile, foreign holdings of Egyptian treasuries rise to USD 15.5 bn as of the end of November, up from EGP 15.07\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":593513,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/01\/cbe-easing-cuts-govt-interest-bill-by-a-fifth-kouchouk\/","url_meta":{"origin":645941,"position":1},"title":"CBE easing cuts gov\u2019t interest bill by a fifth -Kouchouk","author":"enterpriseam admin","date":"1 October 2019","format":false,"excerpt":"CBE easing cuts gov\u2019t interest bill by a fifth -Kouchouk: The Central Bank of Egypt\u2019s (CBE) interest rate cuts in August and September will slash the government\u2019s interest bill by a fifth, Vice Finance Minister Ahmed Kouchouk said yesterday, Reuters reported citing MENA. The government\u2019s interest bill will fall by\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\/2018\/11\/1115.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":562671,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/02\/foreign-investors-are-still-buying-our-treasuries\/","url_meta":{"origin":645941,"position":2},"title":"Foreign investors are still buying our treasuries","author":"enterpriseam admin","date":"2 June 2021","format":false,"excerpt":"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\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\/6\/36.jpg?fit=%2C&ssl=1&resize=350%2C200","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":645941,"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":570491,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/02\/egypt-to-issue-egp-610-bn-in-treasuries-this-quarter\/","url_meta":{"origin":645941,"position":4},"title":"Egypt to issue EGP 610 bn in treasuries this quarter","author":"enterpriseam admin","date":"2 April 2020","format":false,"excerpt":"FinMin to issue EGP 610 bn in treasuries this quarter: The Finance Ministry is planning to issue EGP 610 bn (c. USD 38.74 bn) of treasuries in 2Q2020 to close the fiscal gap, according to data seen by the press. The government\u2019s outstanding balance of treasuries (EGP-, USD-, and EUR-denominated)\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":592648,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/03\/foreign-holdings-of-egyptian-treasuries-score-usd-15-29-bn-in-september\/","url_meta":{"origin":645941,"position":5},"title":"Foreign holdings of Egyptian treasuries score USD 15.29 bn in September","author":"enterpriseam admin","date":"3 November 2019","format":false,"excerpt":"Foreign holdings of Egyptian treasuries rose slightly to USD 15.29 bn at the end of September compared to USD 15.06 bn at the end of September 2018, according to the CBE\u2019s monthly statistical bulletin (pdf).","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\/645941","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=645941"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/645941\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/645935"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=645941"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=645941"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=645941"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=645941"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=645941"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}