Egypt sells $1.61 billion of one-year dollar T-bills -central bank

CAIRO (Reuters) -Egypt sold $1.61 billion of one-year, dollar-denominated T-bills at auction on Monday at an average yield of 5.15%, the central bank said.

The bills, which will be settled on Nov. 14, replace a similar amount of maturing one-year dollar T-bills that bore an average yield of 4.60%.

(Reporting By Moaz Abd-Alaziz, Omar Abdel Razek and Patrick WerrEditing by David Goodman)