Cairo - Mubasher: Returns on the government’s nine-month treasury bonds decreased in Sunday’s auction, according to date released by the Egyptian Ministry of Finance (MoF).
The MoF said on Sunday that it sold bonds worth EGP 5.5 billion set to mature in 273 days, and that the return declined to 16.42% from 16.47% in the last auction.
The ministry also sold EGP 5.75 billion bonds set to mature in 91 days, which return increased to 14.921% from 14.908%, according to the ministry's website.
