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English news

25-Oct-2016

Egypt to issue USD2bn in international bonds, roadshow in November

Egypt will issue cUSD2bn in international bonds and will begin a roadshow for the planned offering in the second or third week of November, Finance Minister Amr El Garhy said on Monday. The amount is less than the USD3-5bn previously announced in August, planned for issuance at end of September. "We're talking about $2 billion, give or take, but it will be in this range, depending on market circumstances," Garhy said. (Reuters)

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