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Qatar to purchase $3 bn in Egyptian t-bills: CBE source Source at Central Bank of Egypt (CBE) says fresh financial aid pledged by Qatar to Egypt would be in form of treasury bond purchases
Egypt will sell dollar-denominated treasury bonds to Qatar worth a total of $3 billion, a Central Bank of Egypt source told Al-Ahram's Arabic-language news website on Wednesday. The source, who requested anonymity, added that Egypt would pay back the debt at an interest rate ranging between 3 and 4 percent.