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English news

30-Jan-2019

Foreign buyers bought 100% of five-year Treasury-bonds in Monday’s auction

Ministry of Finance said on Tuesday that foreign investors had bought all of the five-year Egyptian treasury bonds auctioned on Monday. Central Bank of Egypt sold EGP1.16bn (USD66mn) in five-year bonds at an average yield of 17.59%, down from a yield of 18.03% at the last similar auction. 

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