Last Update 23:1
Monday, 09 December 2019

Egypt to offer LE3.5 bln in reopened bonds

New reopened bonds are offered by ministry of finance will be matured in 2015

Reuters, Sunday 22 Jul 2012
Share/Bookmark
Views: 335
Share/Bookmark
Views: 335

Egypt's Ministry of Finance will offer LE3.5 billion ($577.1 million) in reopened three-year and seven-year bonds at an auction on July 30, the central bank said on Sunday.

It will offer LE2 billion in reopened three-year bonds maturing on July 3, 2015 with a coupon of 16.15 per cent, and LE1.5 billion in reopened seven-year bonds maturing on April 3, 2019 with a coupon of 16.85 per cent, the bank said.

Settlement for the bonds, which the central bank is selling on behalf of the ministry, is on July 31. 

Short link:

 

Latest

© 2010 Ahram Online.