Egypt to become first Arab country to issue Green bonds
- Date: 29-Sep-2020
- Source: Egypt Independent
- Sector:Financial Markets
- Country:Egypt
Egypt to become first Arab country to issue Green bonds
DUBAI/LONDON (Reuters) - Egypt started marketing a five-year US dollar-denominated Green bond on Tuesday at a yield of around 5.75 percent, a document showed, in what would be the first sale of green bonds by a government in the Middle East and North Africa region. The deal is expected to raise at least $500 million “¦ Continued
The post Egypt to become first Arab country to issue Green bonds appeared first on Egypt Independent.DUBAI/LONDON (Reuters) - Egypt started marketing a five-year US dollar-denominated Green bond on Tuesday at a yield of around 5.75 percent, a document showed, in what would be the first sale of green bonds by a government in the Middle East and North Africa region. The deal is expected to raise at least $500 million “¦ Continued
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