VOL. XXXI

NO. 40

11-JULY-1988

Financial and Banking News

LOANS AND ISSUES

Egypt's Debt Rescedhuling Close to Completion

Egypt and a number of its Paris Club creditors last week completed morerescheduling agreements for payments due between 1 July 1987 and 30 June 1988.The agreement covering the largest amount was with Switzerland ($320mn),followed on 4 July by an accord with Canada for $62mn and Sweden for $50mn.Norway, which has finalized its negotiations for the rewriting of $19mn in debt,was...