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Apicorp issues benchmark USD 750 mn bond
Apicorp issues benchmark USD 750 mn bonds: Multilateral development bank Arab Petroleum Investments Corporation (Apicorp), of which Egypt is a…
In line with consensus, Central Bank of Egypt leaves rates on hold in June meeting
CBE leaves rates on hold, in line with expectations: The Central Bank of Egypt left interest rates unchanged for the…
Enterprise Poll: Central Bank of Egypt to leave rates on hold at June 2020 meeting
ENTERPRISE POLL- CBE seen leaving rates on hold this Thursday for third consecutive meeting: The Central Bank of Egypt will…
Portfolio investors warming to Egypt as EGP proves more flexible
Portfolio investors warming to Egypt as EGP proves more flexible: There are signs that foreign investors may be warming to…
EMs turn to local debt markets, burn through FX reserves to weather the covid storm
EMs turn to local debt markets, burn through FX reserves to weather the covid storm: Emerging markets are (kind of…
CBE sells almost USD 1 bn in one-year USD t-bills
The Central Bank of Egypt sold USD 975.4 mn of one-year USD-denominated treasury bills in an offering that was 1.3x…
What we’re tracking on 28 April 2020
BIG NEWS AT HOME- Egypt is reportedly looking to get USD 3 bn from the International Monetary Fund under the…
An emerging market credit crisis is looming in spite of the Fed’s repo facility
An emerging market credit crisis is looming as an increasing number of countries are struggling to repay their debts amid…
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