4 Hrs
Source:
CNN Arabic
Egypt resumes issuing Samurai bonds
Egypt has issued sustainable Samurai bonds worth 80 billion Japanese yen (approximately 500 million US dollars), backed partially by a guarantee from the African Development Bank Group. The offering aims to diversify funding sources and secure long-term financing for sustainable development projects in sectors such as health, renewable energy, water, and digital infrastructure. This issuance helps reduce borrowing costs and improve financing terms, representing an important step toward expanding the investor base and accessing new financing markets, particularly the Japanese market.
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