The Ministry of Finance on Monday auctioned treasury bonds at a total value of EGP 13 billion.

In an online statement, the ministry said it sold three-year T-bonds worth EGP 8.5 billion, with an average yield of 14.53%.

The ministry also sold seven-year T-bonds valued at EGP 2 billion, with an average yield of 14.53%.

It auctioned zero coupon bonds worth EGP 2.5 billion, with an average yield of 13.566%.

Source: State Information Service Egypt