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Monday, 25 March 2019

Gov’t, CBE to establish debt clearing company

The Finance Ministry, the Central Bank of Egypt, and Misr for Central Clearing, Depository and Registry (MCDR) will establish next month a new company that will handle all the clearing and registry of government debt issuances, as well as collect taxes from these issuances, Al Mal reports. The company will be operational before June.

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