Egypt sells $854 mln in one-year dollar T-bills: Central bank

Reuters , Sunday 6 Jan 2019

The Central Bank of Egypt

Egypt sold $854 million in one-year dollar-denominated T-bills at an average yield of 3.797 percent, the central bank said on Sunday.

The bills will mature on January 7, 2020, the bank said. The bank sold $1.1 billion in one-year dollar-denominated treasury bills at a similar auction in December, with an average yield of 3.747 percent.

Dollar T-bills sold at the last auction on Dec. 10 carried a yield of 3.747 percent. T-bills worth $944.5 million are due to mature on Tuesday. 

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