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Egypt plans to issue $4 billion of international bonds over the next 12 months, seeking to diversify its financing sources ...
Arab Finance: Egypt plans to issue $4 billion in international bonds over the next 12 months, Bloomberg cited Minister of ...
The spread of Egypt's international hard-currency bonds over safe-haven U.S. Treasuries - indicating the risk premium demanded by investors - tightened to 674 basis points - their lowest reading ...
CAIRO, Sept 7 (Reuters) - Egypt has set up a $10 billion bond programme to tap international markets but is not expected to secure that amount, an advisor to the finance minister said on Monday.
In its first international debt sale in five years, Egypt sold an initial tranche of 10-year bonds in June worth $1.5 billion from a new $10 billion programme and had been expected to make a ...
Egypt issued three-year panda bonds worth 3.5 billion yuan, ... and international institutions to tap the Chinese market for capital — something that the Egyptian government is in dire need of.
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Africanews on MSNFinancial cooperation: Egypt and China sign key trade agreementsEgypt and China entered into three financial cooperation agreements on Thursday. The main topics of discussion included the creation of agreements to facilitate trade in local currencies and the ...
All of Egypt's dollar bonds rallied, with the March 2024 maturity bid at 98 cents on the dollar, Tradeweb data showed. The longer-dated 2050 and 2059 maturities rallied the most, gaining more than ...
Egyptian government bonds are one of the strongest performing investments of 2024, posting gains of 29%. Bond prices are rising on expectations that the country [will receive $43 billion in ...
Moody's Investors Service downgraded Egypt's credit rating from B2 to B3 on February 7, pushing the North African country further into junk bond or non-investment grade territory. The ratings ...
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