Egypt to auction $1B in 1-year dollar T-bills on Monday

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Thu, 07 Feb 2019 - 12:54 GMT

BY

Thu, 07 Feb 2019 - 12:54 GMT

FILE - CBE

FILE - CBE

CAIRO - 7 February 2019: Egypt will auction $1 billion in one-year dollar-denominated treasury bills on Monday, the central bank said on Thursday.

The auction will be settled on Feb. 12.

Egypt last sold $854 million in dollar-denominated bills at an average yield of 3.797 percent at a similar auction on Jan 6.

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