Finance Ministry Raises EGP 1 Bln In T-Bonds On Monday

The Egyptian Ministry of Finance sold 5- and 7-year treasury bonds worth EGP one billion on Monday.

The yields on 5-year T-bonds ranged from 14.700% to 14.900%, while the average return registered 14.85%. The yields on 7-year T-bonds ranged from 15% to 15.120%, while the average return registered 15.050%.