Treasuary Bills

Introduction

The m wholenessy policy of the primal Bank of Egypt (CBE) aims to carry through the national economics stability and limit the risk of strong jerky changes that associated with inflation and slack periods, and this make by adopting a chemical group of polices to control the available liquidity and hence the purchasing queen available in the market.

These polices are:

Credit Policy:

This policy is about the outline frame that take to the woodsing banks in Egypt work through to practice its credit activities from the point of defining give notice outlay, credit limits, fields of activities and ratios of reservations and liquidity. This is called the limits that Central Bank has right to enforce to direct the working banks.

Exchange Policy:

It is the policy specify by the Central Bank to manage the exchange price to keep the purchasing power of the national currency and counter its failure and keep its stability. Central Bank can lead astray or buy in the money market in order to achieve this target.

Managing public debt:

This policy used by the Central Bank to manage the country public debt to procure the required liquidity needed to finance the current activities and investments. This done through treasury Bills (short-term), Treasury Bonds (long-term) and loans from local and international organizations.






Treasury Securities Definition

Treasury securities are government bonds (Negotiable debt obligations of the government) issued by the governmental organizations and these organizations differs from one country to another, for example in the United States, the United States section of the Treasury issues Treasury Securities through the Bureau of the Public Debt, In Canada, Central Bank of Canada (the Bank of Canada) issues the Treasury Securities. In Egypt, Central Bank of Egypt (CBE) issues the Treasury Securities on behalf of the Ministry of Finance.

Treasury Securities are the debt support instruments of the country government, and are often referred to...If you want to get a full essay, order it on our website: Ordercustompaper.com



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