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Emerging MarketsAfrica

Egypt goes long with triple trancher, though investor demand for duration weakens

AdobeStock_Egypt_dollar_575x375_8Feb2021

The Arab Republic of Egypt entered the international bond market on Monday to sell a Reg A/144A multi-tranche dollar deal. Some participants are calling the 40 year tranche “ambitious”, as they say investor demand for duration has been weakening.

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