FINMIN announces 13 week treasury bills for the amount of Euros 100.000.000

The Public Debt Management Office announces that during today’s 13 Week Treasury Bills Auction, tenders for a total amount of Euros 196.9 mn were submitted, out of which, Euros 100 mn total nominal value have been accepted with a weighted average yield of -0,05%.

The accepted yields ranged between -0,02% and -0,1%.

The comprehensive results of the auction are shown below:

Announced amount

Euros 100.000.000

Tenor

13 Weeks

Auction date

3 July 2017

Issue date

7 July 2017

Maturity date

6 October 2017

Total offers received:

Euros 196.900.000

Competitive Offers

Euros 132.400.000

Non-competitive Offers

Euros 64.500.000

Total nominal value of accepted offers:

Euros 100.000.000

Competitive Offers

Euros 75.000.000

Non-competitive Offers

Euros 25.000.000

Offered yields(prices in euros):

Weighted average yield

-0.035% (100.0092)

Maximum yield

0,00% (100,00)

Minimum yield

-0,10% (100,0253)

Accepted Yields(prices in euros):

Weighted average yield

-0,05% (100,136)

Maximum yield

-0,02% (100,005)

Minimum yield

-0,10% (100,0253)

Source: Cyprus News Agency