Egypt Sells US$1 Bln T-Bills Today

The Egyptian Ministry of Finance sold one-year dollar-denominated 364-day T-bills worth US$ one billion on Monday.

The average return on 364-day T-bills registered 3.468%. Yields on 364-day T-bills ranged from 3% to 3.500%.

The Ministry conducted this auction to roll over US$ 1 billion in T-bills that will mature on January 18th.

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