Finance ministry auctions T-bonds worth EGP 7 bln

MENA , Monday 13 Apr 2020

The Ministry of Finance auctioned on Monday treasury bonds at a total value of EGP 7 billion.

In an online statement, the ministry said it sold three-year T-bonds worth EGP 3.75 billion, with an average yield of 13.08 percent.

The ministry also sold seven-year T-bonds valued at EGP 3.25 billion, with an average yield of 13.20 percent. 

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