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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    High yield on Egyptian government bonds

    Rocky
    Rocky
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    Posts : 266471
    Join date : 2012-12-21

     High yield on Egyptian government bonds Empty High yield on Egyptian government bonds

    Post by Rocky Tue 17 Oct 2017, 3:22 am

    [size=30]High yield on Egyptian government bonds[/size]
    17/10/2017 11:03 | Number of readings: 1
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    [rtl]Trend Press / Cairo[/rtl]
     
    [rtl]The average yield on government bonds (bonds) for 7 years rose to 15.501 percent compared to 15.220 percent at the beginning of this month, data from the Egyptian Ministry of Finance showed.[/rtl]
    [rtl]The Ministry of Finance reported on its website Tuesday, "Trend Press", that the average yield on government bonds (bonds) for 3 years was 15.467 percent, compared to 15.097 percent earlier this month.[/rtl]
    [rtl]On behalf of the Ministry of Finance today, the Central Bank of Egypt (CBE) has issued treasury bonds worth 1 billion pounds ($ 56.8 million) for 7 years and 1.5 billion pounds ($ 85.2 million) for three years.[/rtl]
    [rtl]The Ministry of Finance indicated that the first tender was covered 2.2 times and the second tender 2.6 times.[/rtl]
    [rtl]The average yield on Egyptian Treasuries is on the rise after Egypt's central bank raised its mandatory reserve ratio to 14 percent from 10 percent earlier this month.[/rtl]
    [rtl]The Egyptian government owes local banks, through treasury bills and bonds, to finance the budget deficit.[/rtl]
    [rtl](USD 17.60 on average)[/rtl]

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