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View Full Version : Egypt Sells Fewer Repos as Local Debt Attracts Foreign Funds - Bloomberg



NewsWhore
09-25-2012, 12:00 PM
Egypt Sells Fewer Repos as Local Debt Attracts Foreign Funds (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFKTVXObQBaEA4AlPdWzqcer77lzg&url=http://www.bloomberg.com/news/2012-09-25/egypt-cuts-repo-offering-as-foreign-funds-return-to-bond-market.html)
Bloomberg
The North African country accepted bids for 7 billion Egyptian pounds ($1.15 billion) of the seven-day repos, allowing holders of government securities to sell them back to raise cash for a week at 9.75 percent, according to central bank data on ...

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