Egypt will begin offering its new retail investment instrument, the “Citizen Bond,” to individuals starting next Sunday through post offices nationwide, Finance Minister Ahmed Kouchouk announced in a statement issued Thursday by the Ministry of Finance.
The initiative marks a fresh effort by the government to broaden public participation in domestic debt instruments and diversify funding channels in local currency.
The Citizen Bond is a government-issued investment instrument denominated in Egyptian pounds and made available exclusively to individual Egyptian citizens.
According to the ministry, the bond starts at a minimum subscription of EGP 1,000 and in multiples thereof, and offers fixed periodic returns paid monthly for 18 months.
It falls within maturity ranges of 1.5 to 10 years, depending on issuance structure, and is subject to a 20% tax on interest at maturity.
Officials described the bond as a secure savings and investment vehicle that allows citizens to directly invest in government securities with a stable and predictable return.
Kouchouk said the ministry aims to diversify government investment tools and expand the base of retail investors by introducing safe, accessible savings products tailored to different segments of society.
He added that offering the bond exclusively through the national postal network reflects a strategic partnership designed to simplify access across all governorates.
The bonds will be sold exclusively via branches of the Egypt Post during the initial phase.
Dalia El Baz, Chairperson of Egypt Post said selecting the postal authority as the exclusive distribution outlet underscores confidence in its operational capacity and national role in supporting state financial policies.
She noted that post offices will provide the service in accordance with regulations set by the Finance Ministry, ensuring streamlined procedures and service quality across urban and rural areas alike.
The nationwide postal network, spanning governorates, districts and villages, is expected to significantly enhance accessibility and support Egypt’s broader financial inclusion strategy.
How to Purchase the Citizen Bond
To subscribe, individuals must visit the nearest post office branch, present a valid Egyptian national ID, and be of Egyptian nationality, and pay the bond value (starting from EGP 1,000 and in multiples), then they will receive official documentation confirming bond ownership
Follow the latest news on Google News
