Egyptian Institutions Back Bond and Treasury Bill Market With EGP 34.5 Billion

Egyptian institutions provided EGP 34.5 billion in support to the bond and Treasury bill market, with trading data showing domestic investors were net buyers across several market segments.

Egyptian Exchange figures, broken down by investor category, showed net buying by Egyptian investors in listed shares, bonds and Treasury bills, as well as in off-exchange transactions.

The net buying indicates that purchases by Egyptian investors exceeded their sales in those categories. Domestic demand was therefore not confined to equities, extending to debt instruments and transactions outside the exchange’s main trading framework.

The available summary did not specify the trading period or provide a detailed breakdown of the EGP 34.5 billion figure between bonds and Treasury bills. It also did not identify the institutions involved.