Egypt to auction euro-denominated T-bills

The bills will mature on Aug. 17, 2021

  
Image used for illustrative purpose. A bank employee counts stacks of Egyptian 5 pound and 50 piastre notes as he works at Bank Misr in downtown Cairo, Egypt, June 8, 2016.

Image used for illustrative purpose. A bank employee counts stacks of Egyptian 5 pound and 50 piastre notes as he works at Bank Misr in downtown Cairo, Egypt, June 8, 2016.

REUTERS/Amr Abdallah Dalsh

CAIRO- Egypt will auction 600 million euros in euro-denominated T-bills on Aug. 17, the central bank said on Wednesday.

The bills will mature on Aug. 17, 2021

They replace 610 million euros in T-bills due to mature on Aug. 18.

(Reporting by Patrick Werr; Writing by Mahmoud Mourad; Editing by Catherine Evans) ((mahmoud.mourad@thomsonreuters.com))

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