Adjustments in Listed Bonds of AL Rehab For Securitization

Strategic Insights -

The Egyptian Exchange announced a periodic partial redemption in the listed bonds of AL Rehab For Securitization, Fourth Issue-First Program, Tranche C, November 2027. This adjustment was confirmed by the Misr for Central Clearing, Depository and Registry (MCDR) on October 26, 2025. As a result, the total listed value of the bonds has been revised to EGP 95.35 million, distributed over 2,425,500 bonds, each with a par value of EGP 39.31148.

Key Takeaways:

  • The adjustment in the listed bonds of AL Rehab For Securitization, Fourth Issue-First Program, Tranche C, was due to a periodic partial redemption confirmed by the Misr for Central Clearing, Depository and Registry (MCDR) on October 26, 2025.
  • The total listed value of the bonds has been revised to EGP 95.35 million, distributed over 2,425,500 bonds, each with a par value of EGP 39.31148.
  • The bond tranche has a local rating of (A-) by the Middle East Rating & Investors Service (MERIS) and offers a fixed annual return rate of 10.25%, which is disbursed monthly.
  • The interest payment schedule was initiated in January 2023, providing consistent returns to bondholders.
  • The bonds are part of a securitization initiative within the market category, designed to offer structured financial instruments to investors.
  • This development marks a continued commitment to maintaining an efficient and transparent bond market, ensuring that all adjustments and redemptions are accurately reflected in market data.
  • The adjustment will be incorporated into the EGX database starting from the trading session on October 29, 2025.

Statistics:

  • Total listed value of the bonds: EGP 95.35 million
  • Number of bonds: 2,425,500
  • Par value of each bond: EGP 39.31148
  • Fixed annual return rate: 10.25%
  • Monthly interest disbursement schedule initiated in: January 2023
  • Local rating by MERIS: (A-)

Sources:

  • Egyptian Exchange
  • Misr for Central Clearing, Depository and Registry (MCDR)
  • Middle East Rating & Investors Service (MERIS)