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What we’re tracking on 9 July 2019
Good morning and happy hump day, everyone. We’re still barely halfway through the week, but we’re getting there. And we’re…
Why investors are abandoning triple-C debt: An explainer
During recessions, investors tend to shy away from triple-C debt. Sounds like a no-brainer, right? Not quite. Monetary policy makers…
Egypt’s T-bond yields hit new 14-month lows
T-bond yields hit new 14-month lows: Yields on T-bonds fell to their lowest levels since May 2018 in a bond…
Afreximbank to extend further USD 1 bn in trade financing loans to Egypt USD in 2H2019
EXCLUSIVE- Afreximbank to provide USD 1 bn of trade financing loans to Egypt in 2H2020: The African Export Import Bank…
Egypt to sign second tranche of trade financing agreement with ITFC in July
EXCLUSIVE- Egypt to sign second USD 1.5 bn tranche of trade financing agreement with ITFC in July: The Egyptian General…
House approves EUR 225 mn loan from KFW development bank
The House of Representatives has approved a second, EUR 225 mn (c.USD 256 mn) tranche of a USD 450 mn…
Egypt’s cabinet approves establishing new central clearing company
Cabinet econ group green lights new central clearing company for debt: The Madbouly Cabinet’s economic group approved on Friday establishing…
Egypt considers KRW-denominated bond issuance
Egypt considers KRW-denominated bond issuance: The Madbouly government is considering issuing bonds denominated in South Korea;s KRW, Deputy Finance Minister…
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