The central bank of Egypt left its overnight lending rate steady at 17.75 percent on December 27th 2018 as expected. Lending Rate in Egypt averaged 11.24 percent from 2005 until 2018, 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.

Lending Rate in Egypt is expected to be 17.25 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 17.25 in 12 months time. In the long-term, the Egypt Overnight Lending Rate is projected to trend around 18.00 percent in 2020, according to our econometric models.

Egypt Overnight Lending Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-16 05:30 PM Overnight Lending Rate 17.75% 17.75% 17.75% 17.75%
2018-09-27 05:45 PM Overnight Lending Rate 17.75% 17.75% 17.75% 17.75%
2018-11-15 06:00 PM Overnight Lending Rate 17.75% 17.75% 17.75% 17.75%
2018-12-27 06:00 PM Overnight Lending Rate 17.75% 17.75% 17.75%
2019-02-14 04:00 PM Overnight Lending Rate 17.75%
2019-03-28 05:00 PM Overnight Lending Rate
2019-05-23 04:00 PM Overnight Lending Rate


Egypt Money Last Previous Highest Lowest Unit
Interest Rate 16.75 16.75 21.40 8.25 percent [+]
Money Supply M0 674025.00 679976.00 735428.00 68043.00 EGP Million [+]
Money Supply M1 827624.00 829155.00 840103.00 33680.00 EGP Million [+]
Money Supply M2 3581583.00 3563376.00 3581583.00 161125.00 EGP Million [+]
Banks Balance Sheet 5080570.00 4420860.00 5080570.00 156312.00 EGP Million [+]
Foreign Exchange Reserves 42551.00 44513.00 44513.00 13448.00 USD Million [+]
Loans to Private Sector 818199.00 809861.00 818199.00 220898.00 EGP Million [+]
Deposit Interest Rate 11.80 12.00 13.60 3.00 percent [+]
Lending Rate 17.75 17.75 19.75 9.25 percent [+]
Central Bank Balance Sheet 5445474.00 5293193.00 5445474.00 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. This page provides - Egypt Overnight Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Egypt Overnight Lending Rate - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
17.75 17.75 19.75 9.25 2005 - 2018 percent Daily




Country Last Previous
Turkey 25.50 Jan/19
South Africa 10.00 Apr/18
Indonesia 6.75 Jan/19
United Kingdom 1.00 Dec/18
Euro Area 0.25 Jan/19


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