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Egypt plans $2 billion worth of Samurai bonds -government sources


Reuters


CAIRO, Jan 13 (Reuters) - Egypt plans to issue $2 billion worth of Japanese yen denominated bonds in the coming week, two government sources said.

Proceeds from the issue of so-called Samurai bonds will be used to repay debts of state oil company Egyptian General Petroleum Corp (EGPC), said the sources, speaking on condition of anonymity.

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CAIRO, Jan 13 (Reuters) - Egypt plans to issue $2 billion worth of Japanese yen denominated bonds in the coming week, two government sources said.

Proceeds from the issue of so-called Samurai bonds will be used to repay debts of state oil company Egyptian General Petroleum Corp (EGPC), said the sources, speaking on condition of anonymity.





This article appears in: Fundamental Analysis , World Markets , Stocks , Bonds



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