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View Full Version : Egypt to Sell 10-Year Bonds for First Time Since Mubarak Ouster - Bloomberg



NewsWhore
04-01-2012, 07:10 PM
Egypt to Sell 10-Year Bonds for First Time Since Mubarak Ouster (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEeCmWtRuORSwYdTQUiFVNeNO7iVw&url=http://www.bloomberg.com/news/2012-04-01/egypt-to-sell-10-year-bonds-for-first-time-since-mubarak-ouster.html)
Bloomberg
The central bank lowered the reserve requirement ratio on local-currency deposits by two percentage points last month to 12 percent to “ease credit conditions in the market.” “The government should have held-off on long-maturity bonds sales until at ...

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