Egypt to auction $1.675 bln in dollar T-bills: central bank

Egypt is planning to auction $1.675 billion worth of one-year dollar-denominated treasury bills on November 19, the central bank announced on Thursday.

It said the auction would be settled on Nov. 20 and is open to local banks and foreign financial institutions.

One-year dollar-denominated treasury bills worth $1.73 billion issued a year ago are due to mature on Nov. 20.

Source: Reuters