CAIRO: Egypt's central bank said it sold 3.5 billion Egyptian pounds ($579.8 million) in three and five-year bonds on Monday, the same amount it had offered. It sold 2 billion pounds in reopened three-year bonds at an average yield of 16.12 percent, with yields ranging from 16.05 to 16.15 percent. The bonds have a 16.15 percent coupon and mature on April 3, 2015. It also sold 1.5 billion pounds in new five-year bonds at an average yield of 16.59 percent, with yields ranging from 16.4 to 16.62 percent. The bonds have a 16.55 percent coupon and mature on April 10, 2017. The central bank sells government bonds on behalf of the finance ministry . Settlement will take place on April 10. Copyright Reuters, 2012 ...

JOHANNESBURG: South African government bonds weakened on Thursday due to heightened risk aversion emanating from the euro zone, although movements were exaggerated by thin trading volumes ahead of the Easter market holiday. The rand was at 7.827 against the dollar at 1540 GMT, little changed from Wednesday's New York close of 7.832.    Earlier in the session the currency had been under pressure due to concerns about sovereign debt risk in the euro zone after a poor Spanish debt auction, and a dip in long-term economic confidence suggested by the Reuters Econometer survey. "Eurozone fears hurts rand and the dip in Reuters Econometer to 262.31," IFR, a Thomson Reuters market analysis service, said. The Reuters Econometer, a confidence index that measures economists' views two years ahead, fell to 262.31 from 266.84 in the February poll, driven by concerns about growth in Europe, South Africa's largest trading partner. The 2015 bond yield was up one basis point ...

CAIRO: Egypt's Ministry of Finance will offer 3.5 billion Egyptian pounds ($579.6 million) in bonds at an auction on April 9, the central bank said on Monday. It will offer 2 billion pounds in reopened three-year bonds maturing on April 3, 2015 with a coupon of 16.15 percent, and 1.5 billion pounds in five-year bonds maturing on April 10, 2017, the bank said. Settlement for the bonds, which the central bank is selling on behalf of the ministry, is on April 10. Copyright Reuters, 2012 ...