Cairo – Mubasher: Egypt is planning to issue Eurobonds worth between EUR 1 billion and EUR 1.5 billion in the period between September and October, government sources said, according to Al Borsa newspaper.

The sources added that the issue will be submitted to the Cabinet to get an approval for proceeding the Eurobonds offering and selecting global investment banks to manage the issuing.

Egypt had offered international bonds worth $7 billion in the first half of fiscal year 2017.