UPDATE 2-Egypt cancels debt auction as foreign investor appetite weakens
16 Sep UPDATE 2-Egypt cancels debt auction as foreign investor appetite weakens
Posted at 14:47h
in
News
by KMFSLLP
Egypt cancelled a treasury bond
auction on Monday, its third such move in as many weeks, as
foreign investors cut their exposure to the country’s debt at a
time of weak appetite globally for emerging market assets.
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