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Egypt sells 3-year bonds worth 2 bln EGP

Egypt's central bank said on Monday it sold three-year bonds worth 2 billion Egyptian pounds ($335 million).
23.08.11

The bonds are maturing on Aug. 2, 2014 and have a coupon of 13.35 percent. The yield ranged from 13.44-13.53 percent.

Settlement will take place on Aug. 23.

Government bonds are sold by the central bank on behalf of the finance ministry.

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