Egypt sells 1bn Egyptian pounds of 7-year bonds

CAIRO: Egypt's central bank sold 1 billion Egyptian pounds ($165.8 million) in reopened seven-year bonds at an auction o
05 Mar, 2012

The yields on the bonds ranged from 16.80 to 16.93 percent. The bonds mature on Oct. 25, 2018, and carry a 14.5 percent coupon.

Settlement will take place on March 6.

Copyright Reuters, 2012

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