No ap­petite for 30-day T-bills

Financial Mirror (Cyprus) - - FRONT PAGE -

The Public Debt Man­age­ment Of­fice (PDMO) of the Min­istry of Fi­nance said that it de­cided not to ac­cept any ten­ders for Mon­day’s 30 day Trea­sury Bills Auc­tion, with only EUR 12.62 mln were sub­mit­ted in­stead of the auc­tion tar­get of EUR 50 mln.

De­spite the lack of ap­petite from in­vestors, the weighted av­er­age yield of the bids sub­mit­ted was 1.91%.

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