Cairo – Mubasher: Ten investment banks have submitted to the bid for selecting banks to manage the euro-denominated bond issuance next April, Egyptian finance minister Amr El-Garhy told Almal News.
Egypt will pick up the banks within two weeks to issue the anticipated bonds, El-Garhy added.
In February, the North African nation issued Eurobonds worth $4 billion which have been oversubscribed three times.
The minister said last month that the Arab world's most populous country would start talks with European banks to issue around EUR 1.5 billion bonds.
