Central Bank of Egypt says foreign investments in treasury bills up 140% in March

According to the Central Bank of Egypt’s (CBE) latest data, Egypt’s treasury bills and local debt have been receiving significant interest from foreign investors in local treasury bills which have surged in March by around 140 percent.

According to the CBE, March 2024 recorded foreign purchases of local T-bills at $32.7 billion, compared to $13.6 billion recorded in February.