Egypt announces plan to issue US$2bn international bonds in FY2025/26
On 5 February 2026 Egypt’s Finance Minister announced the government plans to issue US$2 billion in international (Eurobond) debt by the end of the 2025/26 fiscal year (June 30, 2026), aiming to diversify funding, extend maturities and reduce borrowing costs.
The desk brief
On 5 February 2026 Egypt’s Finance Minister announced the government plans to issue US$2 billion in international (Eurobond) debt by the end of the 2025/26 fiscal year (June 30, 2026), aiming to diversify funding, extend maturities and reduce borrowing costs.
An announced US$2bn eurobond increases potential EM primary supply in coming months; actual cross-market spillovers will depend on tenor, pricing and book reception. If issued with shorter tenors or wide yields, it could reset regional pricing benchmarks; if well received and long-dated, it may relieve some rollover pressure and attract global investors to Egyptian paper.
Watch for bookbuilding start date, announced maturities/tenors and target pricing (coupon/yield) in coming weeks.
Sources & verification
Verified briefSupported by 3 independent publishers.
- Egypt plans $2 bln int'l bond issuance by end of FY2025/2026sis.gov.egSource published (opens in a new tab)
- Egypt to issue $2 billion in international bonds during 2025-2026 fiscal year - Egypt Independentegyptindependent.comSource published (opens in a new tab)
- Egypt Plans $2 Billion Eurobond to Diversify Financing and Cut Borrowing Costsecofinagency.com (opens in a new tab)
Public references supporting this brief.
Price Discovery
Egypt sovereign curve
Latest server-calculated mid yield by maturity. Points are observed Price Discovery levels, not an interpolated valuation curve.
- Egypt 27Jan 2027100.0637.124%
- Egypt 27 SeptSept 202798.8757.071%
- Egypt 28Feb 202899.3137.133%
- Egypt 29Mar 202999.6887.741%
- Egypt 30Feb 2030102.0007.911%
- Egypt 31Feb 203191.6258.221%
- Egypt 32 JanJan 203293.3758.653%
- Egypt 32 MayMay 203295.3758.684%
- Egypt 33 FebFeb 2033103.2508.760%
- Egypt 33 SeptSept 203392.5638.753%
- Egypt 40Apr 204084.3138.893%
- Egypt 47Jan 204785.93810.146%
- Egypt 48Feb 204880.62510.136%
- Egypt 49Mar 204987.43810.127%
- Egypt 50May 205088.68810.144%
- Egypt 51Sept 205187.31310.156%
- Egypt 59Nov 205981.18810.130%
- Egypt 61Feb 206175.43810.056%
Indicative levels only. Full bid/ask context and trading actions remain inside MSA Trader.
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