Up to $3 billion in new Eurobonds. Preparation underway with local and international banks

The government is preparing to issue Eurobonds worth $2.5 billion to $3 billion on May 20, said Minister of Finance Ali Hassan Khalil.

Khalil said the ministry is preparing for the new issue with local and international banks, according to Reuters.

"It is a regular issue according to plan and to the public debt strategy set by us and the Central Bank," he said.

Outstanding Eurobonds stood at nearly $31 billion at the end of 2018, according to the Ministry of Financ...

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