Egypt’s Ministry of Finance is set to reintroduce its popular retail investment instrument, the “Citizen Bond,” within days, following strong demand during its initial offering, Finance Minister Ahmed Kouchouk announced on Sunday.
The first issuance of the bond saw significant public uptake, generating what officials described as “notable proceeds” within just three weeks, prompting the government to move quickly toward a second round.
The relaunched bond offers a fixed annual return of 17.75%, tax-free, paid out on a monthly basis over a period of 18 months. The structure is designed to appeal to individual investors seeking stable income amid market volatility.
Each bond carries a nominal value of EGP 1,000 and its multiples, with a minimum investment threshold set at EGP 10,000, making it accessible to a broad segment of citizens.
In a move aimed at expanding financial inclusion, the bonds will be made available through post offices across the country, allowing citizens to subscribe easily without needing traditional brokerage accounts or bank-based investment channels.
The Finance Ministry emphasized that investors will have the option to redeem their holdings after just four months, either partially or in full, subject to the terms and conditions announced at post office branches.
Officials positioned the “Citizen Bond” as a low-risk savings and investment vehicle backed by the government, offering predictable monthly income and capital security, features that have become increasingly attractive amid fluctuations in both currency and equity markets.
The relaunch reflects a broader strategy by Egyptian authorities to mobilize domestic savings and provide citizens with reliable financial tools, while also supporting public financing needs through local currency instruments.
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