CBE, Finance Ministry look to make it easier for foreigners to buy Egyptian paper: The CBE and the Finance Ministry are apparently working on a mechanism to allow foreign investors to directly buy government bonds and treasuries, Al Mal reports. The CBE is studying developing an online platform with clearing house Euroclear Bank, which would allow investors to log orders without having to go through banks licensed to buy them at auctions. The move is expected to help strengthen inflows to the secondary market, which currently stand at USD 21 bn, the newspaper says.
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