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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 ...
Egypt's sovereign dollar bonds jumped more than 1 cent on Friday after the country's cabinet approved a major investment project with foreign participation that will increase foreign currency ...
Egypt's international bonds jumped by more than 2 cents after the central bank ramped up rates by 600 basis points and the currency slipped to a fresh record low, signalling the start of a long ...
The statement noted that Egypt issued 6-year bonds worth €750 million, maturing on April 11, 2025 in addition to 12-year bonds at a value of €1.25 billion, maturing on April 11, 2031.
Egypt's local sovereign bonds could attract inflows of up to $2.4 billion due to inclusion in a key global emerging market index which started earlier this week, JPMorgan said on Thursday.
But even including this factor, Egyptian yields could still have at least 200 bps to fall. Last week, when the Egyptian 2020 bond yield was around 10 percent, frontier markets-focused investment bank ...
Last week, when the Egyptian 2020 bond yield was around 10 percent, frontier markets-focused investment bank Exotix switched to a buy recommendation on Egypt's 2020 and 2040 international bonds.
Egypt has sold bonds in Egyptian pounds within Egypt in recent years, but it has not managed to tap international capital markets in over half a decade after several years of intense political and ...
Last week, when the Egyptian 2020 bond yield was around 10 percent, frontier markets-focused investment bank Exotix switched to a buy recommendation on Egypt's 2020 and 2040 international bonds.
Egypt will begin testing appetite for its debt in international bond markets next week with a Jan. 17 Dubai roadshow for a long-awaited Eurobond issuance, as the government seeks to raise funds ...
"We will go out to the international bond market in the second half of the financial year 2015-16, God willing," Hany Kadry Dimian told Reuters on the sidelines of a Euromoney conference. Egypt's ...