Egypt Borrows EGP 4.3 Trillion Domestically for Debt Refinancing in FY 2026/27

Egypt's Ministry of Finance has borrowed approximately EGP 4.3 trillion (Egyptian Pounds) from the domestic market during the first four months of the fiscal year 2026/27. This substantial borrowing is primarily allocated to refinancing existing government debt. The ministry has predominantly issued short-term paper, with bills accounting for 85% of the accepted domestic issuance in the most recent quarter.