Egypt issues $713.1 mln in USD-dominated treasury bills at 3.529% average yield

Egypt’s Finance Ministry sold $713.1 million in one-year dollar-denominated treasury bills to local and foreign financial institutions at an average yield of 3.529 percent, the country’s central bank announced on Monday.

The minimum yield was 3.489 percent while the maximum yield was 3.53 percent, the central bank said.

Source: Reuters