Central Bank of Libya Invites Banks to Subscribe to New Investment Certificates

Tripoli: The Central Bank of Libya (CBL) has urged commercial banks to participate in the subscription of a new series of unrestricted investment certificates of deposit, identified as issue number (6-2026). This initiative follows the procedures and regulations previously established for such financial instruments.According to Libyan News Agency, the CBL made this announcement on its official Facebook page, detailing that the subscription process will adhere to the specified terms and maturity dates set forth in the offering announcement. The regulatory mechanisms applicable in previous issues will also be followed.The CBL further explained that the returns from these certificates of deposit will be distributed after evaluation, with 99.75% allocated to the subscribing banks and 0.25% to the CBL, acting as the investment manager. The estimated annual profit margin for these certificates is between 5.5% and 7.5%, though this figure is not binding and depends on actual investment outcomes.This issuance i s part of the CBL's monetary policy tools aimed at regulating liquidity and promoting financial stability within the country.