Last Update 10:37
Tuesday, 17 September 2019

Egypt to offer bonds worth 2 bln EGP

The three-year bonds will carry a coupon of 16.15 per cent; will mature on 3 July 2015

Reuters, Tuesday 21 Aug 2012
Views: 447
Views: 447

Egypt's Ministry of Finance will offer LE2 billion ($329.1 million) in reopened three-year bonds at an auction on 27 August, the central bank said on Tuesday.

The bonds mature on 3 July 2015, and have a coupon of 16.15 per cent, the bank said.

Settlement for the bonds, which the central bank is selling on behalf of the ministry, is on 29 August.

Short link:


Ahram Online welcomes readers' comments on all issues covered by the site, along with any criticisms and/or corrections. Readers are asked to limit their feedback to a maximum of 1000 characters (roughly 200 words). All comments/criticisms will, however, be subject to the following code
  • We will not publish comments which contain rude or abusive language, libelous statements, slander and personal attacks against any person/s.
  • We will not publish comments which contain racist remarks or any kind of racial or religious incitement against any group of people, in Egypt or outside it.
  • We welcome criticism of our reports and articles but we will not publish personal attacks, slander or fabrications directed against our reporters and contributing writers.
  • We reserve the right to correct, when at all possible, obvious errors in spelling and grammar. However, due to time and staffing constraints such corrections will not be made across the board or on a regular basis.

© 2010 Ahram Online.