Egypt's three largest state-owned banks will issue euro-denominated debt certificates for Egyptians living abroad, with maturities of one, three and five years, the National Bank of Egypt (NBE) said on Saturday. The one-year certificate will have an interest rate of 2%, the three-year certificate will have an interest rate of 3%, while the five-year certificate will have an interest rate of 3.5%, NBE, the largest state-owned bank, said in a statement. The minimum value for the certificates will be EUR100. The top three state banks, NBE, Banque Misr, and Banque Du Caire, had already announced a similar scheme on 29 February for dollar-denominated certificates. (Reuters)