Egypt considering $1.5-2 billion Eurobond in coming weeks

Finance Minister Amr El-Garhy at a news conference in Egypt. (File Photo: Reuters)

Egypt is considering a $1.5-2 billion Eurobond offering in the coming weeks, finance minister Amr El Garhy said in a telephone interview with private television channel CBC on Saturday.

Egypt sold $4 billion of Eurobonds in three tranches in January, raising twice as much as targeted and at lower yields than expected.

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Last Update: Wednesday, 20 May 2020 KSA 09:49 - GMT 06:49
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