Egypt, WB host annual retail bonds conference

Egypt’s Ministry of Finance and the World Bank (WB) hosted the annual retail bonds conference, bringing together global experts to discuss best practices and opportunities in the retail bond market.

Yasser Sabry, Deputy Minister of Finance for Fiscal Policies, emphasised the importance of retail bonds as a strategic financial tool consistent with Egypt’s economic goals in sustainability and financial diversity.

Sabry highlighted that these bonds offer attractive investment opportunities for individuals while also contributing to government debt reduction and capital market development.

The Ministry of Finance’s Debt Management Unit emphasised the need for international cooperation to strengthen local bond markets. They are considering issuing retail bonds to support individual investors and enhance financial inclusion.

Attribution: Ministry of Finance statement

Subediting: M. S. Salama