Friday 28/November/2025 – 02:20 AM
Getting ready Central Bank of Egypt Next Sunday, November 30, 2025, to issue local treasury bills on behalf of the Ministry of Finance, with a total value of 65 billion pounds, in a move aimed at providing the necessary liquidity to cover the budget deficit and repay short-term debts.
The Central Bank issues local treasury bills worth 65 billion pounds
The offering includes two tranches, according to Central Bank data:
- The first tranche: 25 billion pounds for a period of 91 days, due on March 3, 2026.
- The second tranche: 40 billion pounds for a period of 273 days, due on September 1, 2026.
This offering comes within the Ministry of Finance’s public debt management program, which aims to issue short-term debt instruments periodically to meet local financing needs and enhance the stability of economic activity.
Earlier, the Central Bank indicated that the current account deficit declined to $2.2 billion during the period from April to June 2025, compared to $3.7 billion in the same period of the previous year.
The Central Bank attributed this improvement to the increase in remittances from Egyptians working abroad and the rise in tourism revenues, as remittances from workers abroad, which are a major source of hard currency, rose to reach $10.1 billion, compared to $7.4 billion in the same period of the previous year.
