Egypt is a sovereign nation located in North Africa, founded as one of the world’s earliest civilizations with a rich historical legacy. The country aims to foster economic growth and stability, offering a diverse range of services including trade, tourism, and investment opportunities.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Egypt first initiated its sovereign bond issuance in 2007, providing investors access to government securities aimed at funding national infrastructure projects and budgetary needs. Notably, the issuance of Eurobonds in recent years has helped the country bolster its foreign exchange reserves and attract foreign investment, with yields typically ranging from 5% to 8% depending on the maturity and market conditions. In 2020, Egypt set a record by issuing $5 billion in Eurobonds, highlighting its commitment to maintaining a stable investment climate amid global economic challenges.