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English news

23-Aug-2016

CBE sells Euro 651.9mn T-bills in debt roll-over

The Central Bank of Egypt (CBE) sold worth of Euro 651.9mn (USD736.39mn) at Monday auction. Euro 600mn will be used to roll over a one-year euro-dominated T-bills, while the rest will be utilised to finance the budget deficit. The average yield was 2.298%. (Al Mal)

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