VOL. XXXIV
NO. 10
10-DECEMBER-1990
Financial and Banking News
Regional Banking
Egypt to Introduce Treasury Bills soon
The Egyptian Central Bank plans to start issuing short-term treasury billswithin the next few weeks, according to reports from Cairo. The move presagesthe relaxation of government controls over interest rates - one of the reformswhich the IMF is demanding from Egypt before signing a standby credit agreement.By adjusting the volume and frequency of bills issued, the Central Bank will...
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