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بوابة الفجر
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Source: بوابة الفجر
2 Daysبوابة الفجر
Source: بوابة الفجر
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Egypt’s Ministry of Finance announced the reopening of existing bond issues totaling $500 million: $150 million in three-year bonds due in 2030 and $350 million in six-year bonds due in 2033, with an average maturity of five years. The ministry said the move reflected its ability to engage with investors, diversify funding sources and extend the maturity of its debt. The ministry aims to reduce the external debt of budget-sector entities by $1 billion to $2 billion annually, after cutting it by about $2.4 billion in the last fiscal year, while making repayments that exceed annual external borrowing. It noted that funding diversification had included international sovereign sukuk in October 2025, social bonds in May 2026 and sustainable Samurai bonds in June 2026, to finance the Sustainable Development Goals.
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