Bonds

Egypt exempts bonds offered abroad from taxes, fees

Wed, 11 Nov 2020 - 03:25 GMT

This came during the weekly meeting of the Egyptian Cabinet headed by Mostafa Madbouly, where he discussed many important files and issues.

Egypt remains ‘favorite’ for portfolio investors: Bloomberg

Tue, 24 Dec 2019 - 10:52 GMT

According to Bloomberg, Societe Generale SA forecasts that the currency will gain another 4.5 percent to 15.35 per dollar in 2020.

Egypt receives $70B on its int’l bond issuance

Wed, 11 Dec 2019 - 03:08 GMT

The volume of international bond issuance put up by Egypt amounted to about $20 billion, in light of the developments recently witnessed by the economy, Amer said.

Talaat Moustafa to issue LE 2B bonds

Mon, 09 Dec 2019 - 10:56 GMT

This comes in the framework of the company’s endeavor to diversify the sources of financing by entering the bond and sukuk market.

Egypt’s 1st short-term securitization for LE 167M closed: Premium Int'l

Sun, 24 Nov 2019 - 04:39 GMT

Premium International for Credit Services announced Sunday the closing of Egypt’s first short-term securitization transaction, worth LE 167 million backed by a portfolio of consumer card receivables in the total value of LE 184 million.

Egypt to offer euro-denominated bonds on Nov. 11

Thu, 07 Nov 2019 - 03:56 GMT

For the current fiscal year, the budget deficit is estimated to record LE 445.1 billionplanned to be financed through treasury bills and bonds and through international and Arab loans.

Egypt considers issuing int’l bonds in local currency

Wed, 28 Aug 2019 - 04:41 GMT

Egypt postponed the bond offering in 2018 after the emerging markets' crisis.

Bond yields keep falling, stocks try to steady

Thu, 28 Mar 2019 - 09:58 GMT

Sterling was also hit by a bout of Brexit blues after a round of votes in the U.K. parliament failed to produce any new plan to manage its divorce from the European Union.

Egypt to issue euro-denominated bonds next week: source

Thu, 21 Feb 2019 - 02:22 GMT

The source added that the issuance is expected to be widely subscribed in light of global interest in Egyptian bonds.

Egypt to issue more int’l bonds by end of June: Minister

Wed, 20 Feb 2019 - 02:46 GMT

Ma’it clarified that the upcoming issuance will be in currencies other than dollar or through new products.

Egypt seeks to raise longer-dated debt to 70% by 2022

Wed, 20 Feb 2019 - 12:19 GMT

We used to borrow to repay both maturing debt as well as to finance new debt,” Kojak said.

Figures to know about Egypt’s economic indicators in H1 2018/19

Wed, 06 Feb 2019 - 01:21 GMT

Egypt Today reviews the most significant indicators that Egypt achieved during July to December period of fiscal year 2018/2019.

Egypt picks banks to manage international bond issues

Mon, 28 Jan 2019 - 09:53 GMT

Egypt has decided that Goldman Sachs, JP Morgan, HSBC and Citi Bank will manage the dollar-denominated bond issue, the ministry said in a statement.

Egypt agrees to issue int’l bonds worth from $3-7B: Ma’it

Sun, 13 Jan 2019 - 05:00 GMT

He pointed out that the budget for the next fiscal year 2019/2020 aims to achieve a total deficit of 7 percent of GDP, to fall to 5 percent in fiscal year 20/21 and 21/22.

FRA determines rules, procedures for short-term bonds' issuance

Tue, 18 Dec 2018 - 11:17 GMT

The authority determined, through the decision, which companies are entitled to issue and offer short-term bonds.

FRA issues regulations, measures for short-term bonds issuance

Mon, 03 Dec 2018 - 01:33 GMT

The board also set the key rules for any company or authority seeking to issue short-term bonds.

Egypt considers issuing up to $20B in foreign currency bonds

Wed, 10 Oct 2018 - 01:50 GMT

Egypt also takes into consideration issuing Samurai and Panda bonds during the upcoming 12 months.

Egypt seeks to be listed on JP Morgan’s emerging bond index

Mon, 01 Oct 2018 - 11:48 GMT

In preparation for this step, the government is taking measures to guarantee that Egypt’s debt is suitable for inclusion over the next year.

U.S. bond market takes looming Treasuries deluge in stride

Mon, 06 Aug 2018 - 08:54 GMT

The supply will fall short of a record week of $294 billion set in March but continues a trend higher since February.

Migration deal knocks German Bunds, lifts Italian bonds

Fri, 29 Jun 2018 - 11:05 GMT

"The outcome of the summit tells us something about the severity of the situation," said Jan von Gerich, chief analyst at Nordea in Helsinki.

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