Egypt sells USD 1 bn in one year dollar denominated treasury bills at 3.7 pct average

Egypt sold $1.014 billion worth of one-year dollar-denominated treasury bills at an average yield of 3.797 per cent, the central bank said on Monday.

The auction will be settled on Feb. 12. Egypt sold $854 million in dollar-denominated bills at an average yield of 3.797 per cent at a similar auction on Jan. 6.