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Finance Ministry Sells USD 55 Mln In Government Bonds

Finance Ministry Sells USD 55 Mln In Government Bonds

27 July 2008

On July 26, the Finance Ministry sold 2-year bonds for USD 5 mln at a yield rate of 7.0% and 3-year bonds for USD 50 mln with a yield rate of 7.5%. There has been no change in yields since the last auction two weeks ago. The government has now raised a total of USD 1.4 bln through bond issues in 2005.

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