Wednesday 24 April 2024
 
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Certificates of Deposit

Egypt launches CD sale to citizens abroad

Egypt's government will begin selling three-year certificates of deposit (CDs) to Egyptians living abroad on Tuesday in a bid to reduce the country's balance of payments shortfall and help fund its budget deficit.     &

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BankMuscat launches $650m CD auction

BankMuscat will issue RO250 million ($649.7 million) in certificates of deposit (CD) through an auction open to local and foreign investors in a move to develop the Omani debt market, the bank said on Wednesday. On September 15, the bank w

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