Egypt to issue int’l bonds in Q1 2019

Egypt  expected international issuance of bonds during the first quarter of 2019, Minister of Finance Mohamed Ma’it said.

Ma’it clarified that the issuance might be in dollar, euro or any other currency, if possible.

He added in the fifth CEOs Thoughts conference that the ministry holds promotional tours for bonds in East Asia, within the framework of the efforts to have diverse markets, currency and timing.

The minister also referred to the ministry’s earlier euro and dollar-dominated bond issuance in April and February of 2017, respectively, adding that the ministry can issue bonds in more than one currency.