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Experts call on Egypt’s government to wait on issuing international bonds

Observers and analysts called on the Egyptian government to wait on issuing international bonds until the vision becomes clearer regarding the future of the US interest rate – especially after it was reduced by 50 basis points last week, amid expectations of further reductions which will aid in lowering the cost of external borrowing. This …

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Egypt mulls issuing bonds in UAE dirhams, Indian rupees, Hong Kong dollars for the first time

Finance Minister Mohamed Maait announced that Egypt is considering issuing bonds in various markets including the Gulf for the first time. In statements to the United Arab Emirates News Agency (WAM) on Monday, Maait said that “issuing bonds in the Gulf markets requires a great deal of effort and arrangements with local and international consultants …

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