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International capital markets: Egypt plans to raise 1.5 billion dollars

16/10/2023
Source : ORISHAS FINANCE
Categories: Index/Markets

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Le Egyptian Finance Minister, Mohamed Maait indicated that before the end of 2023, the Egypt plans to raise at least 1 through ,5 milliard de dollars sur les marchés de capitaux internationaux, the issuance of bonds guaranteed by development banks on Asian markets

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En marge des Assemblées annuelles du Fonds monétaire international (FMI) And of the ;World Bank style="font-family: "Bookman Old Style”, "serif"">, which are being held in Marrakech, the Minister of Finance indicated that “the plans include the issuance of 500 million dollars of Panda bonds and of $500 million in Samurai bonds.” According to the latter, Egypt has already obtained guarantees from the Asian Infrastructure Investment Bank style="font-family: "Bookman Old Style”, "serif""> (AIIB) and from the African Development Bank (BAD) for up to $545 million worth of Panda bonds, debt securities denominated ; s in yuan issued on the Chinese market by foreign countries or non-resident companies

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