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Business & Finance

Egypt to issue $650mn one-year dollar-denominated treasury bill

  CAIRO: Egypt's Finance Ministry plans to sell $650 million in one-year dollar-denominated treasury bills to lo
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By Shoaib Ur Rehman
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CAIRO: Egypt's Finance Ministry plans to sell $650 million in one-year dollar-denominated treasury bills to local and foreign financial institutions, and the auction deadline is June 12, the central bank said in a statement on Thursday.

The settlement date is June 13 and the maturity date for the issuance is June 12, 2018, the statement said.

 

Copyright Reuters, 2017
 

 

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