Egypt to auction $1.675 billion in dollar T-bills: central bank

Egypt plans to auction $1.675 billion worth of one-year dollar-denominated treasury bills on Nov. 19, the central bank said on Thursday.

It said the auction would be settled on Nov. 20 and is open to local banks and foreign financial institutions.

One-year dollar-denominated treasury bills worth $1.73 billion issued a year ago are due to mature on Nov. 20.