The Finance Ministry will tap the market with a USD 4 bn eurobond issuance in the second week of February, Finance Minister Amr El Garhy tol d Al Mal. The bonds will be issued on the London and Luxembourg stock exchanges, he says. HSBC, Citigroup, JPMorgan Chase & Co, Morgan Stanley, and National Bank of Abu Dhabi will be managing the issuance. Al Tamimi & Co. and Dechert LLP were chosen as legal advisors to the government and Linklater LLP and Zaki Hashem & Partners are advising the banking consortium.

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