More than a year after it issued bonds worth $500 million for the Japanese market, Egypt intends to issue another tranche of international bonds worth $6 billion this year, according to media reports quoting a government official.
In March last year, Egypt offered $500 million worth international bonds for the first time denominated in the yen in the Japanese market.
In the 2022-2023 budget, Egypt plans to obtain external financing by about $7.62 billion, which means an increase in the volume of external financing by about 87 percent over last year.
