articles | 15 May 2015

30-day T-bills oversubscribed, yield at 1.81%

The Public Debt Management Office of the Ministry of Finance announced that the recent auction of €50 mln 30-day Treasury Bills was oversubscribed by about 1.5 times.

In all, bids worth €76.1 million were received for the T-Bills, with an issue date of May 18 and listing on the CSE and maturity of June 17. 

The yields on the submitted bids were 1.70% – 1.94%, for an average yield of 1.81%.

Source: Financial Mirror

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