November 14, 2019 / 8:34 AM / 22 days ago

Egypt issues international bonds worth $2 billion - ministry

CAIRO, Nov 14 (Reuters) - Egypt has issued foreign currency denominated bonds worth $2 billion in 3 tranches, the finance ministry said in a statement on Thursday.

The issuance included $500 million of 4-year bonds with a 4.55% yield, $1 billion of 12-year bonds with a 7.05% yield, and $500 million of 40-year bonds with a 8.15% yield, it added. (Reporting by Ehab Farouk, writing by Mahmoud Mourad; Editing by Toby Chopra)

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