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View Full Version : Egypt Bond Ratings Cut by Moody's on Political Instability - Bloomberg



NewsWhore
03-16-2011, 11:50 AM
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Egypt Bond Ratings Cut by Moody&#39;s on Political Instability (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNE_4XK1N4HuihQfy2BpdBnyr5KhuQ&url=http://www.bloomberg.com/news/2011-03-16/egypt-bond-ratings-cut-by-moody-s-on-political-instability-2-.html)
Bloomberg
Egypt&#39;s foreign and local currency bond ratings were lowered to Ba3, three levels below investment grade, from Ba2, the ratings company said in a statement today. The outlook remains negative, it said. The downgrade is the second by Moody&#39;s since the ...

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