The credit and discount rate, as well as the main operation rate, were lowered to 19.5%. However, attention is now turning to fixed-rate savings products, where banks retain discretion over whether to amend pricing in response to the policy shift. Investors are also assessing how the rate cut could affect yields on domestic government debt instruments scheduled for auction this week, particularly in light of foreign investors’ appetite for Egyptian pound-denominated assets. The key question for the market is whether the 100-basis-point rate cut will translate into lower accepted yields at these auctions, and whether foreign portfolio investors will maintain strong participation amid evolving interest-rate differentials. The coming days are therefore expected to provide clearer signals on how quickly the monetary easing cycle will filter through to savings returns, borrowing costs, and the pricing of sovereign debt instruments.

Source: Daily News Egypt February 14, 2026 16:51 UTC