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Egypt to auction $750mn in one-year dollar T-bills

Egypt will auction $750 million worth of one-year dollar-denominated treasury bills on Sunday, the central bank said.
04.01.19 | Source: Business Recorder

Egypt will auction $750 million worth of one-year dollar-denominated treasury bills on Sunday, the central bank said on Thursday.

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

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