13 week T-bills yield 0.54%

Financial Mirror (Cyprus) - - FRONT PAGE -

The Pub­lic Debt Man­age­ment Of­fice an­nounced that dur­ing Mon­day’s 13-week trea­sury bills auc­tion, ten­ders for a to­tal amount of EUR 191 mln were sub­mit­ted, out of which, 120 mln to­tal nom­i­nal value have been ac­cepted with a weighted av­er­age yield of 0.54%. The ac­cepted yields ranged be­tween 0.42% and 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.

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