Egypt considering $1.5-2 bln Eurobond in coming weeks -finance minister

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Sun, 30 Apr 2017 - 10:08 GMT

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Sun, 30 Apr 2017 - 10:08 GMT

Minister of Finance Amr El Garhy - (Archive)

Minister of Finance Amr El Garhy - (Archive)

CAIRO – 30 April 2017: 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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