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View Full Version : Egypt Offers 4 Billion Pounds in T-Bonds; Dollar Bonds Decline - Bloomberg



NewsWhore
03-26-2012, 06:20 AM
Egypt Offers 4 Billion Pounds in T-Bonds; Dollar Bonds Decline (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHwm7Q5E9InKig11LTNaCELlWUgpQ&url=http://www.bloomberg.com/news/2012-03-26/egypt-offers-4-billion-pounds-in-t-bonds-dollar-bonds-decline.html)
Bloomberg
The central bank on March 20 reduced the local-currency reserve requirement for banks by two percentage points to 12 percent to help “ease credit conditions in the market.” The yield on the country's 5.75 percent dollar bonds due in 2020 gained three ...

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