Egypt to auction $1bln in one-year dollar-denominated T-bills on December 7

The auction will be settled on December 8

  
An customer exchanges U.S. dollars to Egyption Pounds in a foreign exchange office in central Cairo, Egypt, November 3, 2016.

An customer exchanges U.S. dollars to Egyption Pounds in a foreign exchange office in central Cairo, Egypt, November 3, 2016.

REUTERS/Mohamed Abd El Ghany

CAIRO- Egypt's central bank said on Thursday it will auction $1 billion in one-year dollar-denominated T-bills on Dec. 7.

The auction will be settled on Dec. 8, it added.

(Reporting by Mahmoud Mourad; Editing by Alex Richardson) ((mahmoud.mourad@thomsonreuters.com))

More From Currencies