Egypt boosts oversea bond sale

56 views · Published 22 January 2017 · 5:08 · Indexed 25 September 2026

Channel: africanews · 2017 · News & Politics

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Egypt boosts oversea bond sale 

Egypt plans to issue a conventional bond which could go up to $2.5 billion.
The timing of the debt sale is not known yet but will be decided over the coming days. 
On Tuesday at the first stop of the country's bond roadshow in Abu Dhabi and Dubai, Egypt didn't answer to its arrears owed to foreign oil companies, nor provide a net amount of outflows versus inflows.

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