Foreign purchases at Egypt's T-bill sale at LE7.9B

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Thu, 13 Jul 2017 - 02:36 GMT

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Thu, 13 Jul 2017 - 02:36 GMT

Sami Khallaf - File Photo

Sami Khallaf - File Photo

CAIRO - 13 Juky 2017: Foreign holdings in Egyptian government securities totalled 7.9 billion Egyptian pounds ($440.11 million) as of July 13, the head of public debt at Egypt's Finance Ministry, Sami Khallaf, told Reuters on Thursday.

Appetite for Egypt's domestic debt has increased since the central bank floated the pound currency in November as part of an International Monetary Fund loan agreement aimed at reviving the economy. ($1 = 17.9500 Egyptian pounds) .

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