The Finance Ministry auctioned on Monday treasury bonds at a total value of EGP 7.250 billion.
In an online statement, the ministry said it sold EGP 3 billion of 3-year and EGP 3 billion of 10-year treasury bonds.
A coupon of was offered on the 5-year bonds (maturing on December, 2022). The yield ranged from 14.437% to 14.390%.
The Central Bank of Egypt auctions T-bonds on behalf of the Finance Ministry.