Features & Benefits

  • Offered to individuals, corporate customers and institutions
  • Only available in EGP
  • Minimum amount to be subscribed by a customer is EGP 25,000 and its multiples in primary and secondary market
  • Primary market Treasury Bills can be purchased only for tenors 91 days, 182 days, 273 days and 364 days
  • Any revenues or income resulted from Treasury Bills will be subject to 20% withholding tax due at maturity / broken date
  • Non-resident foreigners can sign the “Tax Duplication Prevention” form, and the 20% tax rate will be charged depending on the agreement

Fees and charges:

Service Charges Description
Treasury Bills purchase EGP 100 per transaction
Treasury Bills custody fees 4.00% per million/annually Collected end of June each year
Interest income tax 20% p.a. As per income tax law no. 91 for 2005

Required Documents

  • Treasury Bills bidding application to be submitted by the customer and approved by the branch and Treasury Back Office in case of primary market
  • Treasury Bills confirmation in case of primary market
  • Application for purchase or sale of secondary market Treasury Bills, in case of secondary market
  • Treasury Bills confirmation in case of secondary market

Thank you for your feedback!

How was your experience?

We'd love to know.

1 = Poor, 10 = Excellent