articles | 27 February 2015

€200m in T-bills to be auctioned in March 2015

The Public Debt Management Office (PDMO) announced recently that it was offering for sale through auction, Treasury Bills worth €200 million with a value date of March 6, 2015 and a maturity date of June 5, 2015.

The auction will take place on March 3 from 8.30 am until 11.30 am, the Office said in a press release.

Bids submitted on March 3 between the hours of 8.30am–11.30am will be accepted. Bids submitted before or after the above mentioned period are invalid, it added.

The Treasury Bills, which will be made available through the auction, will be listed for trading on the CSE on March 6.

The Treasury Bills are zero coupon instruments.

Source: Cyprus Mail

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