Egypt pumps $2-4 billion in int'l bonds in 2018 Q1

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Tue, 01 Aug 2017 - 06:54 GMT

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Tue, 01 Aug 2017 - 06:54 GMT

Finance Minister Amr el-Garhy - Youm7 (Archive)

Finance Minister Amr el-Garhy - Youm7 (Archive)

CAIRO - 1 August 2018: Egypt will pump 2 to 4 billion dollars in international bonds during the first quarter of 2018, Finance Minister Amr Al Garhy said on Tuesday.

It is difficult to determine the value of the bonds which will be issued next year, Garhy told MENA.

There is no plan to issue more international bonds in 2017, he pointed out.

Egypt issued international bonds worth 7 billion dollars this year.

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