Egypt to issue Eurobonds worth $4-5b within days

CAIRO

Egypt is to issue dollar-denominated Eurobonds worth $4 billion (Dh14.7 billion) to $5 billion within days, Finance Minister Amr Al Garhy said on Sunday.

Egypt sold $7 billion in five-, 10- and 30-year bonds last year as it begins its return to international markets after turmoil following the ousting of president Hosni Mubarak in 2011.