Egypt plans 3 billion dollar bond issuance
Egypt has agreed on a plan to raise approximately three billion dollars from international debt issuances during the 2026-2027 fiscal year. The plan includes various types of bonds, such as conventional, innovative, and Panda bonds backed by credit guarantees. This move forms part of the government’s strategy to diversify financing tools and reduce external debt, after raising four billion dollars in the previous fiscal year through a mix of sukuk and bonds, including bonds secured by the African Development Bank and reopening existing bonds. The program aims to meet financing needs and achieve financial stability, with offerings tailored according to investor demands and market conditions.
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