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Egypt plans to issue Yuan, Yen-denominated bonds

Egypt plans to issue Yuan, Yen-denominated bonds
The country also considers S. Korea's Won

Cairo – Mubasher: Egypt is reportedly planning to launch international bonds in either the Chinese, Japanese, or South Korean currency.

The currency of the planned bonds will be determined according to a group of factors including investor demand and the cost, deputy finance minister for capital market operations Khaled Abdelrahman told Reuters on Tuesday.

“We are looking at either a panda, samurai or Korean currency issuance,” Abdelrahman added.