05.04.2012 - Egypt's plan to sell debt to citizens abroad delayed
An Egyptian plan to sell certificates of deposit (CDs) - a form of debt - to its citizens living abroad to finance its deficit has been delayed because of technical problems over their issue in a single Gulf country, a minister said on Wednesday. It also plans to sell parcels of land to its citizens abroad and dollar-denominated Islamic sukuk bonds to foreign institutions to help plug an external financing shortage estimated at $11 billion over the next 18 months...............................................Full Article: Source
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