The Finance Ministry sold $422 million worth of bonds at auction yesterday.

Wednesday, July 22, 2020
The Finance Ministry sold $422 million worth of bonds at auction yesterday.

The Finance Ministry sold $422 million worth of bonds at auction yesterday. Yields were little changed. Six-month dollar bonds accounted for 40% of the total. The average yield was 3.39%, unchanged since the most recent auction. The Ministry also sold 6-month bonds at 7.74%, also unchanged. The two-year bonds carried 10.25% yields, up 5 basis points since the last auction.

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