Egypt sells $1.1 bln in one-year dollar T-bills: Central Bank

Reuters , Tuesday 11 Dec 2018

Central Bank of Egypt
File photo: Central Bank of Egypt's headquarters is seen in downtown Cairo, Egypt, November 3, 2016. (Reuters)

Egypt sold $1.1 billion in one-year dollar-denominated treasury bills in an auction on Monday, the central bank said.

The average yield for the bills was 3.747 percent. The bills will mature on Dec. 10, 2019.

The bank sold $1.7 billion worth of dollar-denominated treasury bills at a similar auction in November, with an average yield of 3.697 percent. 

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