deskEgypt has issued approximately $500 million in Japanese yen-denominated Samurai bonds, backed by a partial credit guarantee from the African Development Bank (AfDB), in a move aimed at diversifying funding sources and extending the maturity profile of its sovereign debt. The issuance comprises two tranches—a five-year bond rated AA+ and a 10-year bond rated AA—providing [...] The post Egypt Returns to Japan’s Debt Market with $500m Samurai Bond appeared first on The Middle East Observer .
