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The Egyptian Finance Ministry has succeeded to offer 18-month zero-coupon bonds worth EGP 1 billion in its second offering within this month, and 2.9 times has been covered.
Throughout the official website, the Ministry said the average interest rate is 12.017%, the highest is12.1%; while the lowest is 11.70 %.
The Ministry added that3-years treasury bonds have been offered with EGP 2 billion, registering 12.384% average interest rate, the highest is 12.52% ,the lowest is 12.02 % and 2.5 times has been covered.
