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Egypt offers LE 3 bln in reopened 3, 5-yr bonds - Daily News Egypt

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Egypt offers LE 3 bln in reopened 3, 5-yr bonds

Egypt’s Finance Ministry is reopening three-year and five-year bonds with offerings worth LE 1.5 billion ($266 million) for each bond, the central bank said on Monday. The three-year bonds, which mature on April 6, 2013, carry a coupon of 11.35 percent. The five-year bonds, maturing on March 2, 2015, have a 12.25 percent coupon. The …


Egypt’s Finance Ministry is reopening three-year and five-year bonds with offerings worth LE 1.5 billion ($266 million) for each bond, the central bank said on Monday.

The three-year bonds, which mature on April 6, 2013, carry a coupon of 11.35 percent. The five-year bonds, maturing on March 2, 2015, have a 12.25 percent coupon.

The central bank, acting on behalf of the Finance Ministry, will auction the bonds on May 31, and settlement will be a day later.

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https://www.dailynewsegypt.com/2010/05/24/egypt-offers-le-3-bln-in-reopened-3-5-yr-bonds/
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