Finance ministry auctions T-bonds worth LE 15 billion

CAIRO - 9 August 2021: The Ministry of Finance on Monday auctioned treasury bonds at a total value of EGP 15 billion.

In an online statement, the ministry said it sold three-year T-bonds worth EGP 9.5 billion, with an average yield of 14.494 percent.

The ministry also sold seven-year T-bonds valued at EGP 2.5 billion, with an average yield of 14.598 percent.

It auctioned as well 15-year T-bonds to the tune of EGP one billion and zero coupon bonds worth EGP 2 billion.