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View Full Version : Egypt to Offer Record Repos as Sales Surge; Dollar Bonds Fall - Bloomberg



NewsWhore
03-27-2012, 05:21 AM
Egypt to Offer Record Repos as Sales Surge; Dollar Bonds Fall (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFoSxFExpehFQHKd6uWumQzkToBbg&url=http://www.bloomberg.com/news/2012-03-27/egypt-to-offer-record-repos-as-sales-surge-dollar-bonds-fall.html)
Bloomberg
The central bank on March 20 reduced by two percentage points the local-currency reserve requirement for banks to help “ease credit conditions in the market.” The ratio now stands at 12 percent. The yield on the country's 5.75 percent dollar bonds due ...

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