The Ministry of Finance has disclosed plans to issue tenders for local debt instruments totalling EGP 1.044trn in March 2026, as part of a plan published on the ministry’s official website. The plan includes issuing tenders worth EGP 2.703trn in the third quarter (Q3) of fiscal year 2025/2026, to repay maturing debt instruments and finance the state budget deficit. The Central Bank of Egypt, which conducts these auctions on behalf of the government, will offer 20 Treasury bill (T-bill) auctions worth EGP 820bn, 19 bond auctions worth EGP 213bn, and two sukuk auctions worth EGP 11bn. The plan also provides for two-year Treasury bonds worth EGP 67bn, including EGP 13bn in “zero-coupon” bonds, alongside three-year bonds worth EGP 110bn, and five-year bonds worth EGP 36bn, including EGP 6bn in “floating-rate” bonds. Banks operating in the Egyptian market are the largest investors in government-issued debt instruments offered on a regular basis.

Source: Daily News Egypt February 28, 2026 15:16 UTC