The Finance Ministry auctioned on Monday treasury bonds at a total value of EGP 4.250 billion.
A coupon of 14.585% was offered on the 3-year bonds (maturing in October 2019). The yield ranged from 14% to 14.62%.
It also sold zero bond that had a coupon of 14.239%. The yield ranged from 14.16% to 14.268%.
The Central Bank of Egypt auctions T-bonds on behalf of the Finance Ministry.