Egypt to auction $540 million T-bills on June 6 – central bank

Egypt will auction one-year treasury bills (T-bills) worth $540 million on June 6, the central bank said on Thursday.

The North African country sold $1.017 billion of one-year-treasury bills at an average yield of 2.997 percent at a similar auction in April. Earlier in March, the country also sold 60 billion yen ($493.26 million) of in Samurai bonds in Japanese markets.