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Egypt sells 4-year bonds worth 3 bln Eg pounds


CAIRO, July 27 (Reuters) - The Egyptian central bank accepted offers worth 3 billion Egyptian pounds ($539.3 million) in an auction of 4-year bonds at rates of between 10.36 and 10.88 percent, the cen...

CAIRO, July 27 (Reuters) - The Egyptian central bank accepted offers worth 3 billion Egyptian pounds ($539.3 million) in an auction of 4-year bonds at rates of between 10.36 and 10.88 percent, the central bank said on Monday. The central bank, acting for the Ministry of Finance, had invited offers for 3 billion pounds at Monday's auction. The bonds are due to mature on July 28, 2013, and they carry a coupon of 10.8 percent.

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Egypt sells 4-year bonds worth 3 bln Eg pounds