The government will start by issuing $2 billion to $2.5 billion, A marketing roadshow will run beginning on January 17, the government eyeing to $6 billion of sales in 2017.
Egypt has been paying yields of about 20 percent on domestic T-bonds and T-bills since the central bank raised interest rates on November 3. In addition to dollars, the government may also issue yen- and yuan-denominated bonds as it seeks to reduce costs