{"id":575037,"date":"2020-09-30T04:00:11","date_gmt":"2020-09-30T04:00:11","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/30\/egypt-sells-usd-750-mn-of-sovereign-green-bonds-in-maiden-issuance\/"},"modified":"2020-09-30T04:00:11","modified_gmt":"2020-09-30T04:00:11","slug":"egypt-sells-usd-750-mn-of-sovereign-green-bonds-in-maiden-issuance","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/30\/egypt-sells-usd-750-mn-of-sovereign-green-bonds-in-maiden-issuance\/","title":{"rendered":"Egypt sells USD 750 mn of sovereign green bonds in maiden issuance"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>Egypt sold USD 750 mn in green bonds yesterday<\/strong> in what was the region\u2019s first sovereign offering of the climate-friendly securities, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-09-29\/egypt-offers-the-middle-east-s-first-sovereign-green-bond?srnd=premium-middle-east\">Bloomberg<\/a> reports. The issuance was almost 5x oversubscribed, attracting some USD 3.7 bn worth of orders for the bonds, pointing to growing appetites for climate-friendly securities worldwide. The government <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/fb2ebb09-c20e-4f03-a50b-e1c437a8248d\">had been expected<\/a> to sell USD 500 mn of the bonds.<\/p>\n<p><strong>About the offering:<\/strong> The sale consists five-year notes, which were <a href=\"https:\/\/ara.reutersmedia.net\/article\/businessNews\/idARAKBN26K20T\">initially taken to market<\/a> at a yield of 5.75% but were sold 50 bps lower at 5.25%, Reuters suggests. The bonds will finance the development of Egypt\u2019s USD 1.9 bn portfolio of green projects, including clean transportation, renewable energy and sustainable water management, the report noted.<\/p>\n<p><strong>The offering attracted new investors<\/strong>, with a virtual roadshow \u201cattended by many who are speaking to Egypt for the first time,\u201d <a href=\"https:\/\/www.reuters.com\/article\/idUSKBN26K1MJ\">Reuters<\/a> reports, citing an unnamed source familiar with the transaction. Sustainability analysts and global investors were among those interested in the sale., said that while the bonds offer value \u201cwhen compared to the existing secondary Egyptian curve \u2026 I think they might tighten,\u201d Zeina Rizk, Arqaam Capital\u2019s executive fixed income director, said as the bonds were being marketed. Recent market weakness over fears of a second covid-19 wave and \u201cmarket indigestion\u201d from the large number of new issuance could make investors more selective, she said.<\/p>\n<p><strong>Advisors<\/strong><strong>:<\/strong> Credit Agricole, HSBC, Citibank, and Deutsche Bank were tapped <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2467b5f0-8a34-4f7f-8dc4-f6958c5d17d7\">earlier this year<\/a> to manage and market the offering.<\/p>\n<p><strong>Background: <\/strong>Egypt\u2019s first sovereign green bond sale comes as part of the government\u2019s <a href=\"https:\/\/enterprise.press\/stories\/2019\/01\/10\/finance-ministry-drafts-more-realistic-comprehensive-debt-strategy-raises-egypts-public-debt-targets\/\">debt diversification strategy<\/a>, which entails a shift towards longer-term debt, which the government hopes will constitute some 52% of borrowing by June 2022. CIB is expected to follow suit and <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/00d6c9a2-72c7-4dce-8957-52ce5b25c1a0\">issue Egypt\u2019s first corporate green bond<\/a> next month.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt sold USD 750 mn in green bonds yesterday in what was the region\u2019s first sovereign offering of the climate-friendly securities, Bloomberg reports. The issuance was almost 5x oversubscribed, attracting some USD 3.7 bn worth of orders for the bonds, pointing to growing appetites for climate-friendly securities worldwide. The government had been expected to sell [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":575038,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[294,205,2203,72,224,490,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-575037","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-citigroup","tag-credit-agricole","tag-deutsche-bank","tag-enterpriseam","tag-green-bonds","tag-hsbc","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"5d1b54d5-5efa-41c9-ac8b-728b105b2ef0","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2020\/9\/326.jpg","photo_position":"above","related_issue":[575032],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egypt sells USD 750 mn of sovereign green bonds in maiden issuance - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/30\/egypt-sells-usd-750-mn-of-sovereign-green-bonds-in-maiden-issuance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt sells USD 750 mn of sovereign green bonds in maiden issuance\" \/>\n<meta property=\"og:description\" content=\"Egypt sold USD 750 mn in green bonds yesterday in what was the region\u2019s first sovereign offering of the climate-friendly securities, Bloomberg reports. The issuance was almost 5x oversubscribed, attracting some USD 3.7 bn worth of orders for the bonds, pointing to growing appetites for climate-friendly securities worldwide. The government had been expected to sell [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/30\/egypt-sells-usd-750-mn-of-sovereign-green-bonds-in-maiden-issuance\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-09-30T04:00:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2020\/9\/326.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/30\/egypt-sells-usd-750-mn-of-sovereign-green-bonds-in-maiden-issuance\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/30\/egypt-sells-usd-750-mn-of-sovereign-green-bonds-in-maiden-issuance\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt sells USD 750 mn of sovereign green bonds in maiden issuance\",\"datePublished\":\"2020-09-30T04:00:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/30\/egypt-sells-usd-750-mn-of-sovereign-green-bonds-in-maiden-issuance\/\"},\"wordCount\":300,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/30\/egypt-sells-usd-750-mn-of-sovereign-green-bonds-in-maiden-issuance\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/9\/326.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Citigroup\",\"Credit Agricole\",\"Deutsche Bank\",\"EnterpriseAM\",\"green bonds\",\"HSBC\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/30\/egypt-sells-usd-750-mn-of-sovereign-green-bonds-in-maiden-issuance\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/30\/egypt-sells-usd-750-mn-of-sovereign-green-bonds-in-maiden-issuance\/\",\"name\":\"Egypt sells USD 750 mn of sovereign green bonds in maiden issuance - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/30\/egypt-sells-usd-750-mn-of-sovereign-green-bonds-in-maiden-issuance\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/30\/egypt-sells-usd-750-mn-of-sovereign-green-bonds-in-maiden-issuance\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/9\/326.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2020-09-30T04:00:11+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/30\/egypt-sells-usd-750-mn-of-sovereign-green-bonds-in-maiden-issuance\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/30\/egypt-sells-usd-750-mn-of-sovereign-green-bonds-in-maiden-issuance\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/30\/egypt-sells-usd-750-mn-of-sovereign-green-bonds-in-maiden-issuance\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2020\/9\/326.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/9\/326.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/30\/egypt-sells-usd-750-mn-of-sovereign-green-bonds-in-maiden-issuance\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Egypt sells USD 750 mn of sovereign green bonds in maiden issuance\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Egypt sells USD 750 mn of sovereign green bonds in maiden issuance - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/30\/egypt-sells-usd-750-mn-of-sovereign-green-bonds-in-maiden-issuance\/","og_locale":"en_US","og_type":"article","og_title":"Egypt sells USD 750 mn of sovereign green bonds in maiden issuance","og_description":"Egypt sold USD 750 mn in green bonds yesterday in what was the region\u2019s first sovereign offering of the climate-friendly securities, Bloomberg reports. The issuance was almost 5x oversubscribed, attracting some USD 3.7 bn worth of orders for the bonds, pointing to growing appetites for climate-friendly securities worldwide. The government had been expected to sell [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/30\/egypt-sells-usd-750-mn-of-sovereign-green-bonds-in-maiden-issuance\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2020-09-30T04:00:11+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2020\/9\/326.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/30\/egypt-sells-usd-750-mn-of-sovereign-green-bonds-in-maiden-issuance\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/30\/egypt-sells-usd-750-mn-of-sovereign-green-bonds-in-maiden-issuance\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Egypt sells USD 750 mn of sovereign green bonds in maiden issuance","datePublished":"2020-09-30T04:00:11+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/30\/egypt-sells-usd-750-mn-of-sovereign-green-bonds-in-maiden-issuance\/"},"wordCount":300,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/30\/egypt-sells-usd-750-mn-of-sovereign-green-bonds-in-maiden-issuance\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2020\/9\/326.jpg?fit=%2C&ssl=1","keywords":["Citigroup","Credit Agricole","Deutsche Bank","EnterpriseAM","green bonds","HSBC","SPEED ROUND"],"articleSection":["Speed Round"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/30\/egypt-sells-usd-750-mn-of-sovereign-green-bonds-in-maiden-issuance\/","url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/30\/egypt-sells-usd-750-mn-of-sovereign-green-bonds-in-maiden-issuance\/","name":"Egypt sells USD 750 mn of sovereign green bonds in maiden issuance - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/30\/egypt-sells-usd-750-mn-of-sovereign-green-bonds-in-maiden-issuance\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/30\/egypt-sells-usd-750-mn-of-sovereign-green-bonds-in-maiden-issuance\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2020\/9\/326.jpg?fit=%2C&ssl=1","datePublished":"2020-09-30T04:00:11+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/30\/egypt-sells-usd-750-mn-of-sovereign-green-bonds-in-maiden-issuance\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2020\/09\/30\/egypt-sells-usd-750-mn-of-sovereign-green-bonds-in-maiden-issuance\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/30\/egypt-sells-usd-750-mn-of-sovereign-green-bonds-in-maiden-issuance\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2020\/9\/326.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2020\/9\/326.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/30\/egypt-sells-usd-750-mn-of-sovereign-green-bonds-in-maiden-issuance\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Egypt sells USD 750 mn of sovereign green bonds in maiden issuance"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2020\/9\/326.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2020\/9\/326.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2020\/9\/326.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":553565,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/08\/sfe-could-issue-green-bonds-soon-soliman\/","url_meta":{"origin":575037,"position":0},"title":"SFE could issue green bonds soon -Soliman","author":"enterpriseam admin","date":"8 December 2021","format":false,"excerpt":"The Sovereign Fund of Egypt (SFE) is considering issuing green bonds, fund CEO Ayman Soliman told Al Mal. Speaking during a conference in Cairo yesterday, Soliman provided little information about the fund\u2019s plans but said that it could sell the climate-linked securities in collaboration with unidentified \u201cpartners.\u201dThis would be SFE\u2019s\u2026","rel":"","context":"In &quot;Green economy&quot;","block_context":{"text":"Green economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/green-economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/12\/256.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":566649,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/05\/mena-is-getting-a-taste-for-green-debt-issuance\/","url_meta":{"origin":575037,"position":1},"title":"MENA is getting a taste for green debt issuance","author":"enterpriseam admin","date":"5 July 2021","format":false,"excerpt":"Green debt issuance is on the rise in MENA: The value of green and sustainability-linked debt sales in the MENA region rose by 38% y-o-y in the first six months of 2021, exceeding the total issued in the whole of 2020, according to Bloomberg data cited by Trade Arabia. Some\u2026","rel":"","context":"In &quot;THE MACRO PICTURE&quot;","block_context":{"text":"THE MACRO PICTURE","link":"https:\/\/enterpriseam.com\/egypt\/category\/the-macro-picture\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/7\/325.png?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":574987,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/29\/egypt-could-take-its-debut-sovereign-green-bond-issuance-to-market-as-soon-as-today\/","url_meta":{"origin":575037,"position":2},"title":"Egypt could take its debut sovereign green bond issuance to market as soon as today","author":"enterpriseam admin","date":"29 September 2020","format":false,"excerpt":"Egypt could take its debut sovereign green bond issuance to market as soon as today, Bloomberg reported yesterday. The USD 500 mn offering of five-year bills will take place depending on market conditions, the business information service says, citing a person familiar with the matter. This comes a day after\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/9\/309.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":575547,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/19\/egypt-selects-projects-to-receive-green-bond-funding\/","url_meta":{"origin":575037,"position":3},"title":"Egypt selects projects to receive green bond funding","author":"enterpriseam admin","date":"19 October 2020","format":false,"excerpt":"Five environmentally-friendly projects have been earmarked to receive USD 500 mn of the proceeds from last month\u2019s USD 750 mn sovereign green bond issuance, Environment Minister Yasmine Fouad said in a statement. The minister didn\u2019t disclose the specific projects but said they are situated in the transport, water and waste-management\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":575502,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/18\/egypt-lists-green-bonds-on-london-stock-exchange\/","url_meta":{"origin":575037,"position":4},"title":"Egypt lists green bonds on London Stock Exchange","author":"enterpriseam admin","date":"18 October 2020","format":false,"excerpt":"Egypt\u2019s five-year sovereign green bonds are now listed on the London Stock Exchange (LSE), the exchange said in a statement on Thursday. The USD 750 mn issuance \u2014 the first of its kind in the MENA region \u2014 was almost 5x oversubscribed, fetching more than USD 3.8 bn in bids\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/181.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":542629,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/09\/get-ready-for-sovereign-sukuk-act-exec-regs\/","url_meta":{"origin":575037,"position":5},"title":"Get ready for Sovereign Sukuk Act exec regs","author":"enterpriseam admin","date":"9 January 2022","format":false,"excerpt":"Sovereign Sukuk Act exec regs about to drop? The government is looking to finalize the executive regulations of the Sovereign Sukuk Act by the end of the month, setting the stage for the country\u2019s c.USD 2 bn maiden issuance before the end of the fiscal year in June, Mohamed Hegazy,\u2026","rel":"","context":"In &quot;DEBT WATCH&quot;","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/91.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/575037","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=575037"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/575037\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/575032"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/575038"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=575037"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=575037"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=575037"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=575037"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=575037"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}