The dollar-denominated 2029 bond enjoyed the biggest gains, rising as much as 1.8 cents to trade at around 85.3 cents - its highest level in just over a year
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LONDON - Egypt's sovereign dollar bonds jumped more than 1 cent on Monday, extending Friday's sharp rally after it signed an investment deal with the United Arab Emirates that would bring $35 billion to the indebted country in the next two months.
The dollar-denominated 2029 bond enjoyed the biggest gains, rising as much as 1.8 cents to trade at around 85.3 cents - its highest level in just over a year, Tradeweb data showed.
(Reporting by Karin Strohecker, editing by Alun John)
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