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Corridor Linked Deposits

Announcement

EGP Corridor Linked Deposit Auction

Operation DateTenor (days)Amount (EGP mio)Maturity DateRedeemed Amount (EGP mio)
16/09/20202825,00014/10/202043,400
* Corridor-linked auctions are linked to main operation rate +/- a variable spread.

Results

EGP Corridor Linked Deposit Auction

Tenor(days)28
Auction Date16/09/2020
Issue Date16/09/2020
Maturity Date14/10/2020
Required Amount (EGP mio)25,000

Submitted Bids

Nominal Value (EGP mio)49,900
No. of Bids Offered37
Min. Interest Rate(%)10.500
Max. Interest Rate(%)10.740
Weighted Avg. Interest Rate(%)10.663

Accepted Bids

Nominal Value (EGP mio)40,000
No. of Bids Accepted35
Min. Interest Rate(%)10.500
Max. Interest Rate(%)10.700
Weighted Avg. Interest Rate(%)10.654