Insider Economy Cyprus raises €75 million in T-bill auction

Cyprus raises €75 million in T-bill auction

Cyprus raised Monday €75m in 13 Week Treasury Bills auction, with a weighted average yield of -0,07%.

As the Public Debt Management Office announced, during today’s 13 Week Treasury Bills Auction, tenders for a total nominal value of  approximately €139 m were submitted out of which, €75 m total nominal value have been accepted with a weighted average yield of -0.07%. The accepted yields ranged between -0.09% and -0.05%.

Of the total offers received €130 m were competitive and €9.1 m non- competitive.

The issue date of the bills is May 31, 2019 and the maturity date August 30, 2019.

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