Egypt approves issuance of international bonds to raise $3 billion - Sarmad
The Egyptian Cabinet announced that the government plans to raise up to $3 billion through international bond issuances during the 2026/2027 fiscal year, as part of a strategy to meet financing needs, diversify funding s
Translated by Qiyas from سرمد — Original source
The Egyptian Cabinet announced that the government plans to raise up to $3 billion through international bond issuances during the 2026/2027 fiscal year, as part of a strategy to meet financing needs, diversify funding sources and instruments and currencies, and reduce refinancing risks.
In a statement issued on Thursday, the Cabinet clarified that it had approved the measures for implementing the Finance Ministry’s international issuance plan, which includes traditional bonds, innovative financing instruments, and “Panda” bonds backed by credit guarantees.
It added that the volume and timing of the issuances would be determined based on demand from foreign investors, global market conditions, and recommendations from investment banks and offering managers.
