Finance Ministry auctions T-Bills at 100 million euros
Cyprus’ Finance Ministry has auctioned 13-week Treasury Bills worth 100 million euros on Monday that will have an annual yield of 1.17 per cent.
“The Public Debt Management Office announces that during today’s 13 Week Treasury Bills Auction, tenders for a total amount of approximately €619 million were submitted, out of which, €100 million total nominal value have been accepted with a weighted average yield of 1.17%” an official press release issued here today says.
It is added that the accepted yields ranged between 1 per cent and 1.25 per cent.
The Treasury Bills are set to be issued on 6 November 2015 and mature by 5 February 2016.
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