Egypt is making big moves to resuscitate its economy.

Al-Monitor

Washington

District of Columbia

United States

Egypt’s economic reboot fuels bond market return with $2B sale

Ad Fontes Media

Media Bias/Fact Check

Jamal Daniel

CAIRO (Reuters) - Egypt aims to sell $2 billion in international bonds by Feb. 4, according to a filing by JPMorgan Securities to the London Stock Exchange. The issue will help raise the average maturity of Egypt’s total debt, said an Egyptian banker who asked not to be named. “Most of Egypt’s debt is short-term, so it’s risky and puts a lot of […]

القاهرة – رويترز: أظهر إفصاح أرسلته جيه.بي مورغان للأوراق المالية لبورصة لندن أن مصر تستهدف بيع سندات دولية بقيمة ملياري دولار بحلول الرابع من فبراير /شباط. وقال مصرفي مصري طلب عدم نشر اسمه إن الإصدار سيساهم في رفع متوسط آجال استحقاق إجمالي ديون مصر. وأضاف «معظم ديون مصر قصيرة الأجل، ولذلك تمثل خطورة وتضع الكثير […]

مصر تستهدف بيع سندات دولية بملياري دولار بعد توقف 4 سنوات

القدس العربي

Egypt aims to sell $2 billion in international bonds after 4-year hiatus

Egypt Raises $2 billion in international bonds, plans to issue sukuk before end of first half

Sada El balad

Egypt Raises $2 Billion in Int'l Bonds for 1st Time since 2021

The Egyptian economy has been pummeled by the Israel-Hamas conflict, with tolls and transit fees from the Suez Canal declining by 60% in 2024. International financial assistance has pulled the country back from the brink for now, but another crisis may erupt if the government does not implement long-overdue structural reforms.

Project Syndicate

Egypt’s Economic Crisis May Not Be Over | by Adnan Mazarei - Project Syndicate

Cairo January 29 2025: Egypt issued $2 billion with its first dollar-bond deal in almost two years on Tuesday, as the North African nation emerges from its worst economic crisis in decades. The bonds were split between $1.25 billion of five-year notes yielding 8.625% and $750 million of eight-year debt yielding 9.45%. Investors had placed almost $10 billion of orders by the time the final terms were set, according to a person familiar with the m…

AUGAF

Egypt Issues $2 Billion With First Dollar Bond in Two Years

Egypt has returned to the international bond market for the first time in almost four years to address a financing gap estimated at $10 billion for the current fiscal year 2024-2025, which ends in June.

Egypt’s economic reboot fuels bond market return with $2B sale

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