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| 21 August, 2017

Egypt sells $777million in one-year T-bills- c.bank

Egypt sold EUR659.9 million ($777.56 million) in one-year treasury bills on Mon.

Central Bank of Egypt's headquarters is seen in downtown Cairo, Egypt, June 7, 2017.

Central Bank of Egypt's headquarters is seen in downtown Cairo, Egypt, June 7, 2017.

REUTERS/Mohamed Abd El Ghany
CAIRO, Aug 21 (Reuters) - Egypt sold 659.9 million euros ($777.56 million) in one-year treasury bills on Monday, the central bank said.

The average yield on the euro-denominated bills, which mature on August 21, 2018, is 1.797 percent.

The sale received 734.9 million euros in offers, the central bank said. ($1 = 0.8487 euros)

(Reporting by Eric Knecht and Arwa Gaballa; Editing by Robin Pomeroy) ((eric.knecht@thomsonreuters.com; +20 2 2394 8102; Reuters Messaging: eric.knecht.thomsonreuters.com@reuters.net))