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Cyprus raises €75 million in T-bill auction

27/05/2019 16:10

Cyprus raised Monday €75 mn in 13 Week Treasury Bills auction, with a weighted average yield of -0,07%.
 
As the Public Debt Management Office announced, during today’s 13 Week Treasury Bills Auction, tenders for a total nominal value of  appr. €139 mn were submitted out of which, €75 mn total nominal value have been accepted with a weighted average yield of -0,07%. The accepted yields ranged between -0,09% and -0,05%.  
 
Of the total offers received €130 mn were competitive and €9,1 mn non- competitive.
 

The issue date of the bills is 31 May 2019 and the maturity date 30 August 2019.