Cairo – Mubasher: Capital Economics said that investors are pleased by the issuance of Egypt for the international bonds earlier this month at a value of $44 billion.
In a report published on Thursday, the research firm added that investors became confident that Egypt is fully capable of reducing the external risks and accomplish the International Monetary Fund's deal, even after the devaluation of the Egyptian Pound.
The purchasing offers reached $13.5 billion for three of different terms between 5, 10 and 30 years, the report noted.
Source:
Mubasher