Home MoneyFinancial Institutions Foreign participation in Egypt’s T-bill auction hit $223 mln

Foreign participation in Egypt’s T-bill auction hit $223 mln

by Yomna Yasser

Foreign participation in Egypt’s Treasury bill auction on Sunday had recorded 4 billion Egyptian pounds ($222.59 million), the head of public debt at the Finance Ministry, Sami Khallaf, told Reuters.

Khallaf said that foreign buyers purchased 25 percent of the paper.

Source: Reuters

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