Government Bond Auction Attracts USD 80.5 mln
17 November 2008
The Finance Ministry sold two-year bonds with a 9% yield for USD 50.2 mln and 3-year bonds with a yield of 9.4% for another USD 30.2 mln at its auction yesterday, buy far the government’s most profitable auction to date. The government has sold roughly USD 184 mln at its auctions in 2006. The government’s next auction is scheduled for November 20.
