UPDATE | Egyptian banks to issue 5-year investment vehicles for Suez Canal - PM

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Fri, 15 Aug 2014 - 08:15 GMT

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Fri, 15 Aug 2014 - 08:15 GMT

Egyptian Prime Minister Ibrahim Mehleb said on Thursday that the country's banks would issue five-year "Suez Canal investment certificates" with a 12 percent interest rate and quarterly dividends, in comments broadcast by state television.

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