Egypt Overnight Lending Rate was at 10.25 percent on Thursday April 2.

Lending Rate in Egypt averaged 11.26 percent from 2005 until 2020, reaching an all time high of 19.75 percent in July of 2017 and a record low of 9.25 percent in December of 2013. This page provides - Egypt Overnight Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Egypt Overnight Lending Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2020. source: Central Bank of Egypt

Lending Rate in Egypt is expected to be 9.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Lending Rate in Egypt to stand at 7.75 in 12 months time. In the long-term, the Egypt Overnight Lending Rate is projected to trend around 8.00 percent in 2021 and 8.50 percent in 2022, according to our econometric models.

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Egypt Overnight Lending Rate

Actual Previous Highest Lowest Dates Unit Frequency
10.25 10.25 19.75 9.25 2005 - 2020 percent Daily


Calendar GMT Actual Previous Consensus TEForecast
2020-02-20 07:30 PM 13.25% 13.25% 13.25% 13.25%
2020-03-16 04:00 PM 10.25% 13.25%
2020-04-02 04:00 PM 10.25% 10.25% 10.25% 10.25%
2020-05-14 02:15 PM 10.25% 10.25% 10.25% 10.25%
2020-06-25 05:00 PM 10.25% 9%
2020-08-13 05:00 PM 7.75%
2020-09-24 05:00 PM
2020-11-12 05:00 PM

Egypt Money Last Previous Highest Lowest Unit
Interest Rate 9.25 9.25 21.40 8.25 percent [+]
Money Supply M0 788636.00 766706.00 788636.00 68043.00 EGP Million [+]
Money Supply M1 1053882.00 1032347.00 1053882.00 33680.00 EGP Million [+]
Money Supply M2 4349995.00 4276742.00 4349995.00 161125.00 EGP Million [+]
Banks Balance Sheet 5516806.00 5080570.00 5516806.00 156312.00 EGP Million [+]
Foreign Exchange Reserves 37037.00 40108.00 45510.00 10088.00 USD Million [+]
Loans to Private Sector 934161.00 925934.00 934161.00 220898.00 EGP Million [+]
Deposit Interest Rate 8.80 8.80 13.60 3.00 percent [+]
Lending Rate 10.25 10.25 19.75 9.25 percent [+]
Central Bank Balance Sheet 5985426.00 5830614.00 5985426.00 1198240.00 EGP Million [+]


Egypt Overnight Lending Rate
In Egypt, lending rate refers to central bank overnight lending facility and it is one of its main policy instruments. Together with the overnight deposit rate, the overnight lending rate provides the outer bounds of a corridor within which the overnight inter-bank rate will fluctuate.