Features Long term savings for long term planners
The perfect product if you have a long-term vision for your finances.
Floating Interest Rates
Floating Certificates of Deposit offer daily & monthly variable interest rates linked to the CBE overnight deposit (corridor) rate.Flexibility to redeem
Partial or full redemption is allowed after six months of issuance for Certificates of Deposit.
Take out a loan
You can receive a secured loan worth up to 95% of your CD's valueRates and Fees Interest Rates
| CD Type | CD Tenor | Current Annual Interest Rate | Interest payment frequency | Minimum amount to book |
|---|---|---|---|---|
|
Floating CD |
3 years |
17.75% (1.25% below CBE overnight deposit rate) Effective date 16/02/2026 | Monthly | EGP 1,000 |
Certificates of Deposit Interest Rates on Local & Foreign Currencies for Individual Customers
Terms and conditions
FAQs Learn more about Floating CDs
Examples How do the current market rates affect the Floating CD rate?
Interest rates calculation examples
Changes in the interest rates based on CBE decisions.
CBE overnight deposit rate is currently 19%
Interest rate changes
-
If CBE increases overnight deposit (corridor) rate by 1% to 22%
New floating CD interest rate = 20.75%
(Calculation: 22%-1.25% = 20.75%)
-
If CBE decreases overnight deposit (corridor) rate by 1% to 20%
New floating CD interest rate = 18.75%
(Calculation: 20%-1.25% = 18.75%)
Requirements
Tutorials CDs terms and conditions
Browse our tutorials and get the most out of our terms and conditions.
