Announcement for Banks

                                     Invitation for Outright  Sales

 

     The Central Bank of Egypt Approved on 23/04/2007  the Following Operation
of Outright Sales of CBE Certificate of Deposits :

 

Operation Date

Securities Used

Amount 
(LE mn.)

Maturity Date

Redeemed Amount
(LE mn.)

24/04/2007

CBE Certificate of Deposits (8) Days

10000

02/05/2007

10000

The Result for the CBE Certificate of Deposit Auction on 24/04/2007
 

Duration (days)

 8

Maturity Date

 02/05/2007

Required Amount (LE. mn.)

 10000

Submitted Bids

Nominal Value (LE. mn.)

 15358

No. of Bids Offered

 52

The Minimum Interest Rate (%)

 7.140

The Maximum Interest Rate (%)

 8.780

The Weighted Average Rate (%)

 7.484

Accepted Bids

Nominal Value (LE. mn.)

 10000

No. of Bids Accepted

 21

The Minimum Interest Rate (%)

 7.140

The Maximum Interest Rate (%)

 7.480

The Weighted Average Rate (%)

 7.287