Egypt to launch 2nd issuance of Citizen Bond for individual investors

Ahram Online , Sunday 29 Mar 2026

Egypt will launch the Citizen’s Bond for individual investors for a second time within the next few days, to be available only through post offices nationwide, according to a Ministry of Finance statement on Sunday.

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The bond’s value is EGP 1000 and its multiples, offering a fixed annual yield rate of 17.75 percent for 18 months, for regular citizens and investors to invest in government securities, with a minimum investment of EGP 10,000, according to Finance Minister Ahmed Kouchouk.

The minister also confirmed that the bond can be fully or partly redeemed after a four-month period.

The same bond was published for the first time in February of this year, as part of the government’s effort to diversify financing tools, lower borrowing costs, expand the investor base, extend debt maturities, manage debt more efficiently, and reduce the debt-to-GDP ratio.

The aim is to give citizens access to additional safe investment opportunities, which are considered a safe haven amid the currently increasing inflation, depreciation of the Egyptian Pound, and global economic instability due to regional conflicts.

The country has been facing capital-flow pressures since the start of the US-Israeli war on Iran on 28 February, alongside the Egyptian pound weakening to EGP 52.75 for buying and EGP 52.88 for selling. This is the second time this month that the dollar rose to nearly EGP 53.

Meanwhile, Egypt’s annual headline inflation increased to around 11.5 percent in February 2026, up from 10.1 percent in January 2026. It decreased, however, year on year from 12.5 percent in February 2025. This was due to a 2.8 percent month-on-month increase in food and beverage.

Furthermore, there’s also a concern that continued pressure on capital flows could push the currency lower if the conflict persists and drive inflation higher to 28–30 percent.

The Central Bank of Egypt (CBE) previously predicted that inflation would further decline in 2026 to the previously established target of 7 percent ±2 percentage points by the end of the year.

This matched the objectives for the International Monetary Fund (IMF) supported programmes with Egypt, as a way to implement protection measures for low and middle-income citizens.

The IMF approved around $2.27 billion in fresh financing for Egypt, after completing combined reviews of the Extended Fund Facility (EFF) and the Resilience and Sustainability Facility (RSF). This was before the start of the regional conflict.

The country is also planning on issuing $2 billion in international bonds by the end of the currenty FY 2025/2026 which ends 30 June 2026, as well as reduce the external debt of budget entities by $12 billion annually and to lower the debt-to-GDP ratio below 75 percent within three years and down to 40 percent or less by the end of the cuttenr FY2025/2026.

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