Egypt seeks longer-term debt as it expands sukuk and sustainable financing
S&P Global Ratings told Zawya Egypt is accelerating efforts to lengthen the maturity profile of its domestic debt and increase local-currency borrowing, while expanding sukuk and sustainable bonds.
Egypt is keeping a diversified external funding mix that includes sukuk and sustainable bonds, while also stepping up efforts to extend the maturity profile of its domestic debt and lift local-currency borrowing, S&P Global Ratings told Zawya.