Egypt to auction $1.5bn-bonds

GMT 03:17 2015 Friday ,27 March

Arab Today, arab today Egypt to auction $1.5bn-bonds

Minister Hani Qadri
Cairo - MENA

The Finance Ministry will auction bonds at a total value of USD3.75 billion, said minister Hani Qadri on Thursday.
The minister added that a USD1.25 billion-bond (maturing on September), a USD 2 billion-bond (maturing on June 2016), a USD 3 billion-bond (maturing on June 2016), a USD 1 billion-bond (maturing on April 2020), and a USD 500 million-bond (maturing on April 2040) would be auctioned.
The tender was published in the Financial Times and its details will be announced today, he said.

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