Egypt issues new $1.5bn bonds

GMT 02:12 2015 Friday ,12 June

Arab Today, arab today Egypt issues new $1.5bn bonds

Egypt bonds
Cairo - MENA

Finance Minister Hani Qadri on Thursday said that Egypt issued a USD 1.5 billion 10-year bonds.

In press statements, Qadri said that the move, the first in five years, is a strong return for Egypt to the global markets.

He added that it was a key step in the government's efforts to provide sources of financing for the Egyptian economy.

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