aranteed by the Ministry of Finance, the values of the non-tradable certificates range from LE10 to LE100 to LE1,000 and carry an interest rate of 12 percent. For certificates of LE1,000 and above, the interest will be distributed every three months, while for the lower brackets, the accrued interest will be distributed cumulatively at the end of a predetermined 5-year maturity period, according to the Aswat Masriya news portal.
After promising that he had a “surprise” for the Egyptian people, President Abdel Fattah al-Sisi unveiled a plan to expand the Suez Canal during a televised speech on August 5.
aranteed by the Ministry of Finance, the values of the non-tradable certificates range from LE10 to LE100 to LE1,000 and carry an interest rate of 12 percent. For certificates of LE1,000 and above, the interest will be distributed every three months, while for the lower brackets, the accrued interest will be distributed cumulatively at the end of a predetermined 5-year maturity period, according to the Aswat Masriya news portal.
After promising that he had a “surprise” for the Egyptian people, President Abdel Fattah al-Sisi unveiled a plan to expand the Suez Canal during a televised speech on August 5.
