{"id":659181,"date":"2025-01-22T00:00:00","date_gmt":"2025-01-22T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/01\/22\/egypt-could-issue-usd-1-1-5-bn-worth-of-bonds-in-international-markets-as-early-as-next-month\/"},"modified":"2025-01-22T00:00:00","modified_gmt":"2025-01-22T00:00:00","slug":"egypt-could-issue-usd-1-1-5-bn-worth-of-bonds-in-international-markets-as-early-as-next-month","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/01\/22\/egypt-could-issue-usd-1-1-5-bn-worth-of-bonds-in-international-markets-as-early-as-next-month\/","title":{"rendered":"Egypt could issue USD 1-1.5 bn worth of bonds in international markets as early as next month"},"content":{"rendered":"

Good afternoon folks, and happy Wednesday. <\/strong>As a sunny workday in the capital comes to a close, we have all the latest on Egypt\u2019s coming debt issuance, Microsoft and Google\u2019s insistence on AI integration, and the Pharaohs\u2019 upcoming match as the World Handball Championship kicks off.<\/p>\n

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THE BIG STORY TODAY<\/p>\n

Egypt could return to international debt markets as soon as next month,<\/strong> with the Madbouly government currently in discussion with international offering advisors to identify the best options for debt issuances in the coming period, a senior government official told EnterpriseAM. <\/p>\n

The plan: <\/strong>The Finance Ministry is planning to issue between USD 1-1.5 bn worth of green bonds or eurobonds, as well as another issuance of sovereign sukuk, our source told us. The issuances will focus on longer maturities. <\/p>\n

ICYMI- <\/strong>Finance Minister Ahmed Kouchouk last year said that Egypt was set to issue USD 3 bn<\/a> in Eurobonds and other debt instruments in FY 2024-25.<\/p>\n

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THE BIG STORY ABROAD<\/p>\n

Chinese officials are cautiously optimistic that US president Donald Trump\u2019s threats to <\/strong>levy tariffs against the world\u2019s second largest economy may have been more bark than bite, <\/strong>with Beijing reportedly viewing Trump\u2019s early policy steps as signalling potential for trade negotiations that would avert a full-blown trade war, the Financial Times<\/a> reports. Trump\u2019s decision to issue a memo directing investigations into the US-China trade deficit rather than immediately implementing steep tariffs has sparked hope in Chinese official circles that an agreement deferring tariff hikes might be on the table. <\/p>\n

Meanwhile, US investors are grappling with Trump\u2019s decision to freeze more than USD <\/strong>300 bn in already-allocated green infrastructure funding<\/strong> as his second term begins, the FT<\/a> reports. Trump\u2019s move \u2014 part of a greater effort to roll back outgoing US president Joe Biden\u2019s Green New Deal \u2014 is expected to herald significantly lower US government funding for green infrastructure, \u201cincreasing the risk of stranded capital for manufacturing projects already under way,\u201d Mobility Impact Partners\u2019 Shay Natarajan told the salmon-colored paper.<\/p>\n

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