Interest rate decision · Egypt

Egypt Overnight Lending Rate

The Egypt Overnight Lending Rate is the central bank's announcement of its main policy rate, its policy rate. It is the price of money in Egypt: banks' borrowing costs, mortgage and loan rates and the return on cash all move with it.

Wichtigkeit
Low
Veröffentlicht
About every six weeks
Nächste Veröffentlichung

Neueste Zahlen

Die letzte Veröffentlichung erschien am 2026-10-29 und lag bei 21%. Das liegt über dem Konsens von 20%. Das ist mehr als 20% beim letzten Mal.

A higher rate than expected (or a hawkish surprise) usually lifts the the local currency and bond yields and weighs on stocks.

In den letzten 12 Veröffentlichungen lag der Wert zwischen 20% und 25%, im Schnitt 21%.

Jul 2025: 25%Aug 2025: 23%Oct 2025: 22%Nov 2025: 22%Dec 2025: 21%Feb 2026: 20%Apr 2026: 20%May 2026: 20%Jul 2026: 20%Aug 2026: 20%Sep 2026: 20%Oct 2026: 21% Jul 2025Oct 2026
Tatsächliche Ergebnisse; der kurze Strich auf einem Balken markiert den Konsens.
VeröffentlichtFürIstKonsensVorher
29 Oct 2026–21%20%20%
24 Sep 2026–20%20%20%
20 Aug 2026–20%20%20%
9 Jul 2026–20%20%20%
21 May 2026–20%–20%
2 Apr 2026–20%–20%
12 Feb 2026–20%–21%
25 Dec 2025–21%21%22%
20 Nov 2025–22%21.5%22%
2 Oct 2025–22%–23%
28 Aug 2025–23%23%25%
10 Jul 2025–25%–25%

Im Wirtschaftskalender ansehen →

Warum es wichtig ist

No release moves markets more directly. The rate decides what holding the the local currency pays, so the currency, government bond yields, bank shares and the whole stock market react within seconds. Markets usually price the decision in advance, so the surprise, and the tone of the statement and press conference, matter as much as the number: a hold with a hawkish message can lift the currency more than an expected hike.

So wird gerechnet

There is nothing to calculate: the rate is set by a vote of the central bank's policy committee at scheduled meetings. The committee weighs inflation against its target, the labour market, growth and financial conditions. Most decisions move in steps of 0.25 percentage point; 0.50 or more signals urgency.

Taylor rule (a rough guide many economists use):
rate ≈ neutral rate + inflation + 0.5 × (inflation − target) + 0.5 × output gap

Was Veränderungen bedeuten

  • Compare the decision with the consensus: a surprise move is rare and causes the largest reactions.
  • Read the statement for changes in wording; "further tightening may be needed" versus "policy is appropriate" is what traders act on.
  • Look at the vote split: dissents in one direction often foreshadow the next move.
  • A hike or hawkish hold usually lifts the the local currency and bond yields; a cut or dovish tone does the opposite. Stocks usually prefer lower rates unless the cut signals a weakening economy.

Höher als erwartet: A higher rate than expected (or a hawkish surprise) usually lifts the the local currency and bond yields and weighs on stocks.

Niedriger als erwartet: A lower rate than expected usually weakens the the local currency, lowers bond yields and supports stocks.

Eine kurze Geschichte

Central banks have set lending rates since the Bank of England raised its Bank Rate in the 18th and 19th centuries to defend its gold reserves. Since New Zealand adopted formal inflation targeting in 1990, most central banks set rates to keep inflation near a target, usually 2%.

Fragen

What is the Egypt Overnight Lending Rate?

The Egypt Overnight Lending Rate is the central bank's announcement of its main policy rate, its policy rate. It is the price of money in Egypt: banks' borrowing costs, mortgage and loan rates and the return on cash all move with it.

What was the latest Egypt Overnight Lending Rate?

21%, published on 29 October 2026 (consensus 20%, previous 20%).

When is the next Egypt Overnight Lending Rate?

On Thursday 17 December 2026 at 16:00 UTC.

When is the Egypt Overnight Lending Rate announced?

On the dates of the central bank's scheduled policy meetings, published a year in advance; the calendar above shows the next one.

Why do markets move before the decision?

Interest-rate futures and swaps price the expected decision days ahead; on the day, only the difference from those expectations moves prices.

Nur Bildungsinhalte, keine Anlageberatung. Die Zahlen sind die veröffentlichten Ergebnisse, wie sie unser Kalender erfasst hat; die beschriebenen Marktreaktionen sind typisch, nicht garantiert.