Egypt’s c. bank issues $800m in T-bills

The Central Bank of Egypt (CBE), in coordination with the Ministry of Finance, is auctioning on Monday dollar-dominated treasury bills worth $800 million, according to a CBE statement on its website.

The T-bills will have a maturity of 364 days, falling under the category of short-term government debt instruments, according to an official statement published by the CBE.

Attribution: Amwal Al Gahd English

Subediting: Y.Yasser

(1 United States dollar = 49.71 Egyptian pounds)