Egypt to Activate Bond Trading Platform in Q2 2014

Egypt to Activate Bond Trading Platform in Q2 2014

Egyptian Exchange Chairman Dr. Mohammed Omran announced that a bond trading platform in Egypt which has been for 10 years in the planning phase could open for business in the second quarter of 2014.

Dr. Omran hopes to activate the bonds market in the second quarter of this year mentioning that the file is now with the Central Bank to come to an agreement with banks on how to issue certain percentages of the bonds for trading.

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