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Monday, 17 February 2020

Egypt CBank offers $1.1 Bn in Treasury bills

AP, Sunday 13 Feb 2011
Views: 891
Views: 891

Egypt's central bank is offering 6.5 billion pounds ($1.1 billion) in Treasury bills, its first such auction since President Hosni Mubarak ceded control of the country to the military.

The central bank is offering on Sunday 3 billion pounds in three-month bills and 3.5 billion in 266-day bills.

It had auctioned 3.5 billion pounds in T-bills on Thursday, days after it sold 13 billion in bills to raise additional funds for the country as it wrestled with its worst political crisis in three decades.

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