Finance Ministry auctions T-bonds worth LE 3.7B

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Mon, 18 Nov 2019 - 02:41 GMT

File - Finance Ministry

File - Finance Ministry

CAIRO - 18 November 2019: The Ministry of Finance auctioned on Monday treasury bonds at a total value of LE 3.75 billion.

In an online statement, the ministry said it sold five-year T-bonds worth LE 2.25 billion, with an average yield of 13.837 percent.

The ministry also sold 10-year T-bonds valued at LE 1.5 billion, with an average yield of 13.797 percent.

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