July 16, 2017 / 1:16 PM / 9 days ago

Foreign participation in Egypt's T-bill auction at $223 mln -finance ministry

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A man counts Egyptian pounds outside a bank in Cairo, Egypt October 24, 2016.Mohamed Abd El Ghany

CAIRO (Reuters) - Foreign participation in Egypt's Treasury bill auction on Sunday reached 4 billion Egyptian pounds ($222.59 million), the head of public debt at the Finance Ministry, Sami Khallaf, told Reuters.

Khallaf said that foreign buyers bought 25 percent of the paper.

($1 = 17.9700 Egyptian pounds)

Reporting by Eric Knecht; Writing by Arwa Gaballa; Editing by Louise Ireland

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