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FINANCIAL NEWS
Egypt to repay global bonds value USD3bn in Dec 2016
17 Aug 2016
(MENAFN) Egypt will repay international bonds worth USD3bn, which were issued on 17 Dec 2013, in which the returns of these bonds are almost 3.5 percent.
Additionally, the country repaid foreign dues worth USD2.25bn in July, which was divided between USD1.02bn bonds owed to Qatar.
Moreover, USD715mn debts were also owed to Paris Club, USD250mn owed to Libya, USD207mn debts to the National Petroleum Authority.
Accordingly, there are other bonds worth USD3.5bn that will be repaid in the period from 1 June 2017 to 29 April 2040.
More News
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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