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Published on 4/20/2010 in the Prospect News Emerging Markets Daily.

Egypt considers offering of 10-year benchmark notes

By Christine Van Dusen

Atlanta, April 20 - Egypt is measuring investor interest in a possible 10-year benchmark-sized offering of notes, according to a market source.

The sovereign "has been in a roadshow for a while and has been building books," an emerging markets strategist said. "They're trying to get a feel for what investor demand will be on that."

A deal could come to market as soon as this week, he said.


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