Finance Ministry To Issue LE 6 Bln Worth Of Treasury Notes

The Ministry of Finance has offered today 2,4 and 6 – years treasury notes worth LE 6 billion..

The Ministry of Finance issued a 2 years T-notes issuance (maturity date at 04/02/2016) worth LE 2 bln with a 11.981% average interest rate. The issued 4 years bills (maturity at 04/02/2018) are worth 2 bln with an average interest rate of 12.878 % . moreover, the 7 years bills (maturity at 05/11/2018) worth LE 2 bln with an average interest rate of 14.05%.

Source: EgyNews & Arab Finance