Egypt is preparing to reintroduce its “Citizen Bond” to the market, a bond intended for individuals and distributed through post offices. The announcement was made on March 29, 2026 by the Minister of Finance, Ahmed Kouchouk, after an initial issuance launched on February 22 and presented by the authorities as a success in terms of demand.
The product offers a fixed annual yield of 17.75%, paid monthly for 18 months. Exempt from tax, it is presented by the government as a secure savings instrument allowing households to invest directly in sovereign debt.
The nominal value of the bond is 1,000 EGP, with a minimum subscription of 10,000 EGP. Subscribers can request partial or total redemption after four months, according to the terms defined by the postal network. This flexibility aims to make the product more compatible with the liquidity constraints of households.
With this issuance, Cairo aims to diversify its sources of financing, expand the base of public debt holders, and mobilize national savings, which are sometimes not well banked. In an African context marked by the rising cost of credit and the search for more stable local resources, the Egyptian experience could serve as an example.
