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Egypt sells $1.1bn USD-denominated T-bills

Egypt sells $1.1bn USD-denominated T-bills
Egypt sells $1.1m USD-denominated T-bills

Cairo – Mubasher: The Central Bank of Egypt (CBE) announced it has sold one-year US dollar-denominated treasury bills (T-bills) worth $1.1 billion on Monday.

The bank has sold the T-bills, due on 10 December 2019, at an average yield of 3.747%, the CBE said on its official website.

In November, the CBE had sold USD-denominated T-bills worth $1.7 billion at an average yield of 3.697%.