The Finance Ministry auctioned on Monday treasury bonds at a total value of EGP 6.75 billion.
In an online statement, the ministry said it sold EGP 3 billion of 3-year, EGP 1.75 billion of 7-year and EGP 2 billion of zero-coupon treasury bonds.
A coupon of 12.985% was offered on the 3-year bonds (maturing in June 2018). The yield ranged from 12.9% to 13.03%.
It also sold 7-year bonds (maturing in February 2022) that had a coupon of 14.708%. The yield ranged from 14.68% to 14.729%.
Zero-coupon bonds (18-month maturity) were also sold in the auction at a 12.312% rate. The yield ranged from 12.279% to 12.34%.
The Central Bank of Egypt auctions T-bonds on behalf of the Finance Ministry.
GMT 19:07 2018 Friday ,14 December
Lebanese PM flags up Saudi investment potential, financial tiesGMT 21:16 2018 Thursday ,13 December
Egypt, Algeria sign MoU to increase trade exchangeGMT 12:33 2018 Sunday ,09 December
Egypt's decision to adjust customs' duties on luxury goods to benefit economyGMT 21:03 2018 Wednesday ,05 December
Bahrain's economic delegation concludes successful India visitGMT 10:58 2018 Sunday ,02 December
Egypt’s total public investments record EGP 72 bln in Q1GMT 14:23 2018 Friday ,30 November
Saudi Arabia pledges $50 million to UNRWAGMT 20:20 2018 Thursday ,29 November
Japan funds project to enhance water quality project in Palestinian townGMT 09:50 2018 Wednesday ,28 November
Egypt, Saudi Arabia to strengthen economic ties in coming phaseMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor