Cyprus & World News

CYPRUS: 13wk T-bills at negative yield

02 August, 2017

The Finance Ministry raised EUR 100 mln in a 13-week Treasury bills auction on Monday with a negative yield for the seventh consecutive month.

“During today’s 13 Week Treasury Bills Auction, tenders for a total amount of EUR 218 mln were submitted, out of which, EUR 100 mln total nominal value have been accepted with a weighted average yield of -0.04%,” the Public Debt Management Office said.
The accepted yields ranged between -0.02% and -0.05%.