Finance ministry auctions EGP 500m T-bonds
The Finance Ministry
Cairo - MENA
The Finance Ministry auctioned on Monday treasury bonds at a total value of EGP 500 million.
In an online statement, the ministry said it sold EGP 250 million of five-year bonds (maturing on August 16, 2021). The average yield was 16.718 percent.
It also sold EGP 250 million of ten-year bonds (maturing on July 5, 2026) that had a coupon of 17.112 percent. The yield ranged from 16.93 percent to 17.15 percent.
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