Egypt Gathers USD 4 bn from USD Bonds

Tuesday, 31st January 2017

Minister of Finance Amr El Garhy announces that Egypt has managed to gather USD 4 bn from USD bonds in international markets, Invest-Gate reports.

The funds gathered exceeded expectations by over USD 2.5 bn, El Garhy says. These USD bonds are expected to cover a 5-10 year period, according to a State Information Service Center statement.

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