Egypt to offer LE 4 bln in bonds

DNE
DNE
1 Min Read

By Mohamed Samir / Reuters

CAIRO: Egypt’s finance ministry will offer LE 4 billion ($662.66 million) in new bonds at an auction on April 2, the central bank said on Wednesday .

It will offer LE 2 billion in three-year bonds maturing on April 3, 2015, LE 1 billion in seven-year bonds maturing on April 3, 2019, and LE 1 billion in 10-year bonds maturing on April 3, 2022, the bank said.

Settlement for the bonds, which the central bank is selling on behalf of the finance ministry, is on April 3.

 

Share This Article
Leave a comment