Egypt sells $1 billion in one-year dollar T-bills - central bank

Egypt sold $1 billion worth of one-year dollar-denominated treasury bills at an average yield of 3.897 percent on Monday, the central bank said.

The auction will be settled on Tuesday when dollar T-bills worth $1.1 billion are due to mature. The average yield of those bills was 3.298 percent. (Reporting by Lena Masri. Editing by Jane Merriman)