Egypt to offer LE2bn in five and 10-year bonds

Reuters, Monday 16 Jul 2012

Egypt's Finance Ministry will offer LE2 billion ($329.85 million) in reopened five-year and ten-year bonds at an auction on 22 July, the central bank said on Monday.

The five-year bonds mature on 10 April, 2017, and carry a 16.55 per cent coupon. The ten-year bonds mature on 3 April, 2022, and carry a 17 per cent coupon.
Settlement is on 24 July.
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