Egypt Eyes Up to $6 Billion From Eurobond Sales Through 2017
- Trump’s election may delay first issuance to January: Minister
- Authorities are seeking to lower inflation to 10% by mid 2017
Egypt's El-Garhy: Bond Issuance by Mid-January
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Egypt may seek to raise as much as $6 billion from international bond sales through 2017, though the first issuance may be delayed due to market “volatility” after the election of Donald Trump, Finance Minister Amr El-Garhy said.
The government is still weighing whether to tap markets next week, El-Garhy said in an interview with Bloomberg Television in Cairo on Tuesday.