Bond Egypta 0% ( EGT9980OCO16 ) in EGP
Issuer | Egypta |
Market price | 100 % ▲ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 23/12/2024 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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Minimal amount | / |
Total amount | 98 297 175 000 EGP |
Detailed description |
Egypt is a transcontinental country spanning northeast Africa and southwest Asia, known for its ancient civilization, including iconic landmarks like the pyramids of Giza and the Sphinx. The sovereign bond identified by ISIN EGT9980OCO16, issued by Egypt, a key emerging market economy in North Africa and the Middle East, has successfully reached its maturity and been fully redeemed. This particular debt instrument, denominated in Egyptian Pounds (EGP), represented a substantial issuance with a total nominal value of EGP 98,297,175,000. It notably featured a 0% interest rate, indicating it was likely a zero-coupon bond, with its principal value repaid upon its maturity date of December 23, 2024. The bond, which was listed at 100% of its face value upon redemption, underscores Egypt's commitment to honoring its financial obligations, concluding a significant segment of its national debt portfolio. |