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English news

13-Dec-2016

Egypt issues USD1bn one-year T-bills at 3.718%

Egypt issued one-year T-bills worth USD1.119bn at an average yield of 3.718%, Central Bank of Egypt said in a statement on Monday. The minimum yield was 3.66% and the maximum was 3.72%, it said. Proceeds of the auction will be utilised as debt roll-over to finance a maturing bill. (Reuters)

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