Finance ministry auctions EGP 2bn T-bonds
The Finance Ministry
Cairo - MENA
The Finance Ministry auctioned on Monday treasury bonds at a total value of EGP two billion.
In an online statement, the ministry said it sold EGP 1.5 billion of 3-year bonds (maturing on September 6, 2019). The average yield was 18.573 percent, it said, adding it accepted bids at rates between 18.65% and 18.5%.
It also sold EGP 500 million of 7-year bonds (maturing on August 9, 2023) that had a coupon of 18.373%. The yield ranged from 18.4% to 18.35%.
The Central Bank of Egypt auctions T-bonds on behalf of the Finance Ministry.
GMT 01:14 2016 Tuesday ,22 November
Finance auctions EGP500m T-bonds
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Moscow - TASS
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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