Treasury Bond (17)

29-07-2020

The Central Bank of Syria has announced that it plans to issue new treasury bonds, confirming that government securities have become a primary tool for raising cash.

10-06-2020

The Central Bank of Syria is issuing new certificates of deposit to raise cash on behalf of the government.

11-03-2020

Updated on March 25, 2020: The Central Bank of Syria is issuing new certificates of deposit to raise funds for the government and is also easing restrictions on cash transfers in and out of the country in a bid to attract more foreign currencies.

12-02-2020

The government’s first issue of treasury bonds this year received lukewarm support from the local banking sector.

29-01-2020

The Ministry of Finance has announced a timetable to sell SYP 300 billion worth of Treasury bonds in 2020, the first such issues in nine years.

02-07-2019

The government has announced that it plans to issue treasury bills before the end of the year to fund its budget deficit.

18-04-2017

The Central Bank of Syria is reportedly considering issuing dollar-denominated treasury bonds to finance the import of energy products, a prospect that could reflect a disconnect of the financial authorities with economic and political realities.

12-04-2011

The Ministry of Finance has authorized local insurance firms to buy Treasury securities in a bid to attract interest after an auction in March failed to find buyers. Another auction planned for April 11 was not held altogether.

21-03-2011

The Ministry of Finance cancelled on March 14 a planned auction of SYP 1 billion worth of treasury bonds citing the uncompetitive bids received from local banks.

21-02-2011

Syria’s first issue of Government securities this year was largely oversubscribed with yields paid to banks, well below inflation rates.

31-01-2011

The Ministry of Finance has announced a timetable to sell SYP 30 billion worth of Government securities in 2011.

27-12-2010

The SYP 3 billion worth of medium term treasury bonds sold by the Central Bank of Syria last week were largely oversubscribed, according to the Ministry of Finance.

20-12-2010

The Ministry of Finance has announced that it was holding today an auction to sell SYP 3 billion worth of Treasury Bonds.

15-12-2010

The Syrian Government will sell treasury bonds next week after an auction for short-term bills, the first in decades, was held last Monday, Mohammad Hussein, Minister of Finance, told The Syria Report.

26-10-2009
The Syrian Cabinet has approved an increase of 10 percent in its 2010 budget to SYP 754 billion.
08-10-2007

The Syrian President has issued a Law authorising the issuance of Treasury Securities by the Central Bank of Syria.

20-11-2006
The text of the intervention of Abdul Kader Husrieh, Partner at Ernst & Young Syria LLP, during a banking conference held in Damascus between November 3-5