- CAIRO: Egypt’s Finance Ministry will offer 4 billion pounds ($669.7 million) of two-year and three-year bonds in an auction on Sept.
- 19, the central bank said.
The two-year bonds worth 2 billion pounds, mature on July 26, 2013, and carry a coupon of 13.1 percent. The three-year bonds worth 2 billion pounds, mature on Aug. 2, 2014 and carry a coupon of 13.35 percent.
The bonds are offered by the central bank, acting on behalf of the Finance Ministry.
Settlement will take place on Sept. 20.