Egypt is re-tapping international debt markets to cover its financing needs following its sale earlier this year of $4 billion in five, 10 and 30-year bonds.

Thomson Reuters news and market analysis service IFR said price guidance for the five-year bond was 5.50 percent compared with 6.125 percent in January, with the 10-year bond at 6.75 percent from 7.50 percent and the 30-year bond at 8.05 percent from 8.50 percent.

Details of the total size of the bond sale are expected later on Wednesday but IFR said the total order book for the bonds was $5.2 billion with a skew toward the longer maturity debt.

The sale takes place just months after Egypt signed a three-year $12 billion International Monetary Fund programme in November attached to reforms such as subsidy cuts and tax hikes aimed at luring back investment to its dollar-starved economy.

The country of over 90 million people has sought a variety of funding sources, from development loans to foreign grants and aid.