Egypt is set to raise EGP 4.8 billion (approximately $154 million) through a fresh treasury bond issuance scheduled for June 23, as authorities continue to tap the domestic debt market to support state financing requirements.
The offering consists of three-year treasury bonds carrying a coupon rate of 23.068%, with interest payments to be made every six months. The securities will mature on June 2, 2029.
The issuance forms part of the government’s ongoing borrowing strategy, which relies on local-currency debt instruments to fund budgetary commitments and manage financing needs within the domestic market.
Egypt has increasingly leaned on treasury bills and bonds to secure funding while maintaining liquidity in the financial system, with regular auctions remaining a key pillar of its fiscal financing framework.
