The Minister stated that the bond offers a fixed annual return of 17.75%, net of taxes, paid monthly over a period of 18 months
Minister of Finance Ahmed Kouchouk announced that the “Citizen Bond” will be offered again in the coming days through post offices nationwide, noting that the first issuance witnessed strong public demand and achieved notable proceeds within just three weeks.
He explained that this issuance represents a good opportunity for citizens to invest directly and safely in government securities.
Kouchouk added that the nominal value of the bond is EGP 1,000 and its multiples, with a minimum investment of EGP 10,000, emphasizing the government’s commitment to providing citizens with a reliable savings and investment instrument that delivers a stable and attractive periodic return.
He further noted that the bond can be redeemed easily after four months, either fully or partially, in accordance with the applicable rules and procedures announced at post offices.