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Egypt promotes government bonds on international tour

Egypt is marketing its treasury bonds in Europe and Asia, though some analysts worry that expanding foreign debt will negatively affect the local economy.

Egypt is shopping its government bond offerings abroad, seeking better terms than it's been able to get domestically.

The government has started sending representatives to meet with potential major investors in Asia and Europe, starting in South Korea. Cairo hopes to lower the yields it must pay to investors to secure money to pay off maturing debts, and wants to increase financial liquidity and investment flow into the country.

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