VOL. XLII
No. 06
8-February-1999
EGYPT
Egypt To Issue $879Mn 10-Year Bonds
Egypt will issue E3bn ($879mn) 10-year treasury bonds inthe first half of February in an attempt to restructure government debt and tocreate a benchmark for private-sector bonds. The bond offer was announced on 1February by the chairman of the Capital Market Authority (CMA), Mr. 'Abdal-Hamid Ibrahim. The CMA and the Egyptian Government are trying to encourageinvestment in the Egyptian fixed-income market by improving...
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