articles | 05 August 2015

Cyprus T-bill yield falls in July 2015

The average yield on 13-week Cyprus treasury bills fell to 2.08% at an auction this week from 2.18% at the previous sale on July 2, 2015, the Finance Ministry said.

Authorities sold €100 million in bills with yields ranging from 2.15% to 2.0%, the Ministry’s Public Debt Management Office said.

The auction was oversubscribed, receiving tenders for €143.7 million worth of bills.

Source: InCyprus

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