Egypt to issue $650M one-year dollar-denominated treasury bill: CBE

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Thu, 08 Jun 2017 - 01:03 GMT

BY

Thu, 08 Jun 2017 - 01:03 GMT

CBE Tarek Amer - File photo

CBE Tarek Amer - File photo

CAIRO- 8 June 2017: Egypt's Finance Ministry plans to sell $650 million in one-year dollar-denominated treasury bills to local and foreign financial institutions, and the auction deadline is June 12, the central bank said in a statement on Thursday.

The settlement date is June 13 and the maturity date for the issuance is June 12, 2018, the statement said.

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