Egypt is planning to issue $2bn through sovereign sukuk and over $750mn through green bonds. This would mark Egypt’s first sukuk issuance since the Egyptian parliament approved the Sovereign Instrument Law last year to formally allow the issuance of sukuk....
Egypt plans to issue US$3 billion to US$7 billion of international bonds by the end of its 2020 financial year. The sovereign had borrowed heavily from overseas sources since a $12 billion IMF-backed economic reform programme was agreed upon in late 2016, and now...
