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بوابة أخبار اليوم
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International bodies track Egypt's bond progress
Egyptian bond performance has shown a significant improvement, with the risk premium reaching its lowest levels since 2014, reflecting increased market confidence in Egypt's economy. This positive trend is attributed to a 5.1% growth rate in the economic output during the 2025/2026 fiscal year, up from 4.4% in the previous year. Additionally, international reserves have risen to $57.2 billion, and yields on sovereign bonds denominated in local currency have increased to approximately 11.93%. Moreover, the risk premium on dollar-denominated Egyptian sovereign bonds has decreased to 322 basis points, and Egyptian bonds have outperformed their emerging market counterparts, demonstrating high resilience. This is amidst a projected reduction of external debt service payments by up to 70% by 2029. These developments confirm Egypt's capacity to manage its external financing and reduce future pressures.
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