{"id":591555,"date":"2019-12-10T04:28:24","date_gmt":"2019-12-10T04:28:24","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/10\/egypt-plans-three-bond-issuances-before-the-end-of-the-fiscal-year-maait\/"},"modified":"2019-12-10T04:28:24","modified_gmt":"2019-12-10T04:28:24","slug":"egypt-plans-three-bond-issuances-before-the-end-of-the-fiscal-year-maait","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/10\/egypt-plans-three-bond-issuances-before-the-end-of-the-fiscal-year-maait\/","title":{"rendered":"Egypt plans three bond issuances before the end of the fiscal year -Maait"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>The Finance Ministry is considering tapping bond markets three more times before the end of the current fiscal year<\/strong>, Finance Minister Mohamed Maait said yesterday, <a href=\"https:\/\/alborsaanews.com\/2019\/12\/09\/1273971\">according to the local press<\/a>. The offerings could be made up of sukuk, green bonds and variable-rate bonds, he said, without disclosing a target figure. The minister <a href=\"https:\/\/enterprise.press\/stories\/2019\/09\/10\/egypt-to-issue-up-to-usd-7-bn-in-intl-bonds-in-fy2019-2020-maait\/\">said in September<\/a> that the government plans to issue USD 3-7 bn in international bonds during the current fiscal year, USD 2 bn of which was sold to investors in a <a href=\"https:\/\/enterprise.press\/stories\/2019\/11\/17\/egypt-successfully-closes-usd-2-bn-triple-tranche-eurobond-issuance-6358\/\">eurobond issuance<\/a> in November. A government official told Enterprise earlier this year that the ministry could offer <a href=\"https:\/\/enterprise.press\/stories\/2019\/05\/09\/finmin-could-take-egypts-first-sovereign-sukuks-to-market-by-early-2020-looks-to-hike-cap-on-eurobond-issuances-through-fy2021-2022\/\">up to USD 1.5 bn in sukuk in early 2020<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Finance Ministry is considering tapping bond markets three more times before the end of the current fiscal year, Finance Minister Mohamed Maait said yesterday, according to the local press. The offerings could be made up of sukuk, green bonds and variable-rate bonds, he said, without disclosing a target figure. The minister said in September [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":591556,"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":[72,224,2380,280],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-591555","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-enterpriseam","tag-green-bonds","tag-speed-round","tag-sukuk","wpautop","entry"],"acf":{"mongo_id":"f9343e73-d835-4d7a-8ede-d82d2f997f0f","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2020\/1\/738.jpg","photo_position":"above","related_issue":[591550],"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 plans three bond issuances before the end of the fiscal year -Maait - 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\/2019\/12\/10\/egypt-plans-three-bond-issuances-before-the-end-of-the-fiscal-year-maait\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt plans three bond issuances before the end of the fiscal year -Maait\" \/>\n<meta property=\"og:description\" content=\"The Finance Ministry is considering tapping bond markets three more times before the end of the current fiscal year, Finance Minister Mohamed Maait said yesterday, according to the local press. The offerings could be made up of sukuk, green bonds and variable-rate bonds, he said, without disclosing a target figure. The minister said in September [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/10\/egypt-plans-three-bond-issuances-before-the-end-of-the-fiscal-year-maait\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-12-10T04:28:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2020\/1\/738.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\/2019\/12\/10\/egypt-plans-three-bond-issuances-before-the-end-of-the-fiscal-year-maait\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/10\/egypt-plans-three-bond-issuances-before-the-end-of-the-fiscal-year-maait\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt plans three bond issuances before the end of the fiscal year -Maait\",\"datePublished\":\"2019-12-10T04:28:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/10\/egypt-plans-three-bond-issuances-before-the-end-of-the-fiscal-year-maait\/\"},\"wordCount\":120,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/10\/egypt-plans-three-bond-issuances-before-the-end-of-the-fiscal-year-maait\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/1\/738.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"green bonds\",\"SPEED ROUND\",\"sukuk\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/10\/egypt-plans-three-bond-issuances-before-the-end-of-the-fiscal-year-maait\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/10\/egypt-plans-three-bond-issuances-before-the-end-of-the-fiscal-year-maait\/\",\"name\":\"Egypt plans three bond issuances before the end of the fiscal year -Maait - 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Egypt successfully issued USD 2 bn-worth of USD-denominated eurobonds in a\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":577890,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/08\/sovereign-sukuk-sustainable-bond-issuances-coming-this-fy\/","url_meta":{"origin":591555,"position":1},"title":"Sovereign sukuk + sustainable bond issuances coming this FY?","author":"enterpriseam admin","date":"8 December 2022","format":false,"excerpt":"FinMin could take its maiden sovereign sukuk issuance to market in 1H 2023: The Finance Ministry is planning to sell USD 1.5-2.5 bn of sukuk, a shariah-compliant debt instrument, Finance Minister Mohamed Maait told Reuters yesterday. The timing of the issuance is still undetermined and the ministry will pull the\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/155.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":562869,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/09\/usd-2-bn-sovereign-sukuk-sale-coming-soon\/","url_meta":{"origin":591555,"position":2},"title":"USD 2 bn sovereign sukuk sale coming soon","author":"enterpriseam admin","date":"9 June 2021","format":false,"excerpt":"The Finance Ministry wants to go forward with a USD 2 bn sukuk issuance at the beginning of the next fiscal year in July, marking the first time ever that Egypt has issued sharia-compliant sovereign debt, Finance Minister Mohamed Maait told Al Arabiya in an interview yesterday.The caveat: Nothing is\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\/2021\/6\/130.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":591555,"position":3},"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":[]},{"id":594869,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/10\/egypt-to-issue-up-to-usd-7-bn-in-intl-bonds-in-fy2019-2020-maait\/","url_meta":{"origin":591555,"position":4},"title":"Egypt to issue up to USD 7 bn in int\u2019l bonds in FY2019-2020 -Maait","author":"enterpriseam admin","date":"10 September 2019","format":false,"excerpt":"The Finance Ministry plans to issue USD 3-7 bn in international bonds during FY2019-2020, Finance Minister Mohamed Maait said on the sidelines of the Euromoney conference yesterday, according to Reuters. \u201cWe would love to go for yuan and yen,\u201d he said, adding that the offerings could also include sukuk and\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\/2019\/9\/2115.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":569371,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/23\/finmin-taps-four-banks-to-manage-egypts-first-sovereign-green-bond-issuance\/","url_meta":{"origin":591555,"position":5},"title":"FinMin taps four banks to manage Egypt\u2019s first sovereign green bond issuance","author":"enterpriseam admin","date":"23 February 2020","format":false,"excerpt":"FinMin taps four banks to manage Egypt\u2019s first sovereign green bond issuance: The Finance Ministry has tapped Credit Agricole, Citibank, Deutsche Bank, and HSBC to market the first sovereign green bond issuance in Egypt and the MENA region, an official ministry statement said. The ministry had received 17 offers for\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\/2\/281.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\/591555","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=591555"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/591555\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/591550"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/591556"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=591555"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=591555"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=591555"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=591555"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=591555"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}