Cyprus sells 13 week T-bills with average yield 0,54%

The Public Debt Management Office announced that during its recent 13 week treasury bills auction, tenders for a total amount of approximately €191 million were submitted, out of which, €120 million total nominal value have been accepted with a weighted average yield of 0,54%.

The accepted yields ranged between 0,42% - 0,69%.

The yield was increased in relation with the auction on January 4, where the average weighted yield was 0.48%.

The issue date of the bills is 5 February 2016 and the maturity date 6 May 2016.

Source: Famagusta Gazette