Egypt to auction 1-year dollar T-bills on June 11

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Thu, 07 Jun 2018 - 11:14 GMT

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Thu, 07 Jun 2018 - 11:14 GMT

U.S. dollar notes are seen in this November 7, 2016 picture illustration. REUTERS/Dado Ruvic/Illustration/File Photo

U.S. dollar notes are seen in this November 7, 2016 picture illustration. REUTERS/Dado Ruvic/Illustration/File Photo

CAIRO - 7 June 2018: Egypt plans to auction $715 million worth of one-year dollar-denominated treasury bills on June 11, the central bank said on Thursday.

It said the offer would be settled on June 12 and open for local banks and foreign financial institutions.

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