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Egypt cbank accepts repos worth 10.8 bln Eg pounds

August 21, 2012 Comments Off on Egypt cbank accepts repos worth 10.8 bln Eg pounds

August 21, 2012, 4:30 pm

CAIRO (Reuters) – Egypt’s central bank accepted 10.837 billion Egyptian pounds in seven-day repurchase agreements in the money market on Tuesday, instead of the 13 billion the bank had offered.
The repos carry a fixed interest rate of 9.75 percent.

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