Wal-Mart.com USA, LLC
Wal-Mart.com USA, LLC

(AFX UK Focus) 2010-03-14 11:58 Egypt prices utility bonds (Interactive Investor)

14 March 2010, 5:26 am

CAIRO, March 14 (Reuters) - The Egyptian government's New Urban Communities Authority has priced 2.5 billion Egyptian pounds ($457 million) in bonds it is offering at a floating rate of 62.5 basis points above 182-day Treasury bills. The offering will be the first since Egypt changed its laws in December to allow utilities and other quasi-government organisations to issue bonds directly, a move ...... Read More »

Wal-Mart.com USA, LLC