03 August 2015,
On Monday 03 August 2015, the Finance Ministry has sucessfully issued €100 mio of 13 week Treasury Bills. According to an anouncement made by the Public Debt Management Office, a total amount of €143,7 mio tenders were submitted with an average yield of 2.13%. Out of these tenders a total amount of €100 mio nominal value have been accepted with a weighted average yield of 2.08%. The maximum accepted yield was 2.15% and the minimum accepted yield was 2.00%.
The issue is considered sucessfull and it confirms the continuing improvement in the Cyprus economy.