Egypt's annual headline inflation rose to 29.6 percent in January from 24.3 percent in the previous month, hitting its highest level after the country freely floated its currency against the dollar in November, state statistics body CAPMAS announced Saturday.

The Central Bank of Egypt (CBE) received on Tuesday a total of $4 billion in yields from Eurobonds issued on the global bonds market last week, state news agency MENA reported on Wednesday, citing the bank's governor.

Egypt successfully issued $4 billion in Eurobonds on the global bond market, the largest issuance in Egypt and Africa, bridging the funding gap for this fiscal year, finance minister Amr El-Garhy announced on Sunday at a press conference.

Egypt expects to sell $4 billion in a triple-tranche eurobond issuance, twice its target when it began a roadshow last week, with yields ranging from 6.125 to 8.5 percent, bankers involved in the deal said on Tuesday.