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Corridor Linked Deposits
Announcement
EGP Corridor Linked Deposit Auction
| Operation Date | Tenor (days) | Amount (EGP mio) | Maturity Date | Redeemed Amount (EGP mio) |
| 11/03/2020 | 42 | 30,000 | 22/04/2020 | 35,000 |
* Corridor-linked auctions are linked to main operation rate +/- a variable spread.
Results
EGP Corridor Linked Deposit Auction
| Tenor(days) | 42 |
| Auction Date | 11/03/2020 |
| Issue Date | 11/03/2020 |
| Maturity Date | 22/04/2020 |
| Required Amount (EGP mio) | 30,000 |
Submitted Bids
| Nominal Value (EGP mio) | 50,400 |
| No. of Bids Offered | 18 |
| Min. Interest Rate(%) | 12.730 |
| Max. Interest Rate(%) | 12.760 |
| Weighted Avg. Interest Rate(%) | 12.749 |
Accepted Bids
| Nominal Value (EGP mio) | 40,000 |
| No. of Bids Accepted | 11 |
| Min. Interest Rate(%) | 12.730 |
| Max. Interest Rate(%) | 12.750 |
| Weighted Avg. Interest Rate(%) | 12.748 |