articles | 03 March 2015

13-week T-Bill oversubscribed, yield average of 2.84%

The Public Debt Management Office of the Ministry of Finance announced that the recent 13-week Treasury Bills auction for €200 million was oversubscribed.

It said tenders for a total amount of €321.7 million were submitted, out of which, €200 million total nominal value have been accepted with a weighted average yield of 2.84%. 

The accepted yields ranged between 2.50-2.95%, the PDMO said. The offered yields ranged 2.50-3.15% for an average 2.93%. 

The issue date of the T-Bills is 6 March 2015.

Source: Financial Mirror

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