CAIRO — Egypt’s Finance Ministry listed the first green sovereign bonds issued by Egypt on the London Stock Exchange, worth $750 million, on Oct. 15.
The Sept. 30 issuance of green sovereign bonds was a first in the Middle East and North Africa. Egypt’s Finance Minister Mohamed Maait said the issuance of the five-year bonds had attracted investments from Europe (47%), the United States (41%), East Asia (6%) and the Middle East (6%).