EGX approves listing largest securitisation bond issuance worth EGP 10bn

The listing of El Tameer Securitization Company fourth securitized bonds bonds issuance valued at 10 billion Egyptian pounds has been approved by The Egyptian Exchange’s (EGX) listing committee

This is the largest securitisation bonds issued in accordance with the regulations of the listing committee.

The issuance represents 31 percent of the total value of current bond and Sukuk issues, amounting to 31.8 billion pounds.

This brings the total number of bonds issues listed in 2020 to 11, the largest number of listed securitisation bonds and Sukuk since January 2014.