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Egypt sells 734.3 mln euros of 1-year T-bills - central bank
Monday 17-11-2014 01:44 PM
Central Bank of Egypt -Reuters
CAIRO, Nov 17 (Reuters) - Egypt's central bank said on Monday it had sold 734.3 million euros ($917.80 million) in euro-denominated one-year treasury bills at an average yield of 1.894 percent.
The government has turned mainly to the local money market to finance its public deficit since Egypt's popular uprising in early 2011 deterred most foreign investors. (1 US dollar = 0.8001 euro) (Reporting By Stephen Kalin; Editing by Janet Lawrence)
