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12-Jun-2016

CBE: Egypt to issue USD700m 1-year T-bill on 14 June

The Ministry of Finance will issue USD700mn in 1-year treasury bills to local banks and foreign financial institutions on 14 June, according to Central Bank of Egypt (CBE) statement. Auction deadline is 13 June and maturity date is 13 June 2017. The issuance aims to refinance maturing old issuances. (Reuters)

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