The maturity of the National Bank and Banque Misr certificates with a return of 25% and 22.5% tomorrow (infographic)

2024-01-04 11:55:00

Thursday, January 4, 2024 01:55 PM

Tomorrow, Friday, January 5, 2024, until February 1, 2024, the disbursement of the value of the 25% and 22.5% certificates will begin at the National Bank of Egypt and the National Bank of Egypt, following the expiration of its validity period of one year from the date of issuance, and the start of its maturity date as of tomorrow, Friday, which was the proceeds of its offering. Last year, 460 billion pounds.

And issued National Bank of Egypt On January 4, 2023, the Bank of Egypt issued a one-year certificate with a return of 25% to be disbursed at the end of the year, as well as a periodic monthly return of 22.5% annually, and these certificates continued to be issued until January 31, 2023.

and represent Highest certifications In terms of the current return in the National Bank of Egypt, the first certificate is fixed for 3 years at a rate of 19% annually and the return is paid monthly, and the second is a decreasing certificate for 3 years at an annual price of 22% for the first year, 18% for the second year, and 16% for the third year. The return is paid monthly.

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