Egypt Post Authority to start disbursing yields of Suez Canal certificates on December 16
Egypt Post Authority
Cairo - MENA
Egypt Post Authority will start to pay out the first returns on Suez Canal investment certificates, at a value of 1000 pounds, as of December 16.
The annual interest of the certificate is 12% and its yield dispersed every three months.
Along with the four national banks, the post authority has made investment certificates available for purchase in its 1600 offices nationwide.
The certificates were offered at the beginning of last September, to fund the New Suez Canal Development project.
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Paris - Al Maghrib Today
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