LONDON, Sept 19 (Reuters) - Egypt's sovereign dollar
bonds rallied to two-year highs on Thursday, Tradeweb data
showed, after the government said a planned $5 billion Saudi
investment was independent of the Gulf country's central bank
deposits.
The 2059 maturity gained the most, adding 1.35 cents to bid
at 77.60 cents on the dollar by 1310 GMT. The near-term
maturities were bidding as high as 99.52 cents.
Saudi Arabia had long-term deposits with the Central Bank of
Egypt (CBE) worth $5.3 billion as of Dec. 31, 2023, according to
CBE data.