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English news

29-Nov-2016

Egypt planning USD2.5-3bn Eurobond by mid-Jan; second issue in 2H17

Egypt is planning to issue its USD2.5-3bn Eurobond by mid-January and will seek to issue another international bond of a similar value in 2H17, Minister of Finance Amr El Garhy said on Monday. Egypt had planned to begin a roadshow for its initial Eurobond issuance in November, but later said it may delay for some weeks due to market volatility. (Reuters)

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