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Egypt sells LE5 billion in T-bills

The Finance Ministry auctioned on Monday treasury bonds at a total value of LE5 billion.
 
In an online statement, the ministry said it sold LE3 billion of 5-year and LE2 billion of 10-year treasury bonds.
 
A coupon of 13.376% was offered on the 5-year bonds (maturing on August, 2022). The yield ranged from 13.350% to 13.408%.
 
It also sold 10-year bonds (maturing on February 3, 2025) that had a coupon of 15.136%. The yield ranged from 14.500% to 15.150%.
 
The Central Bank of Egypt auctions T-bonds on behalf of the Finance Ministry

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