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...