Egypt Dollar Offerings Grow on Record Local Borrowing Costs

February 13,2012

Egypt will offer $2.5 billion in dollar debt in the next two weeks and look for $10 billion from land sales over three years to reduce record local borrowing costs and replenish dwindling foreign reserves.

http://www.businessweek.com/news/2012-02-13/egypt-dollar-offerings-grow-on-record-local-borrowing-costs.html

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