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View Full Version : Egypt Plans $4.6 Billion of Bonds in Quarter; Dollar Bonds Fall - Bloomberg



NewsWhore
03-28-2012, 08:30 AM
Egypt Plans $4.6 Billion of Bonds in Quarter; Dollar Bonds Fall (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGJ2X-f4dBracV775OmX5bprfp_jA&url=http://www.bloomberg.com/news/2012-03-28/egypt-plans-4-6-billion-of-bonds-in-quarter-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 5.75 percent dollar bonds due in 2020 ...

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