Cyprus raised on Monday €100 million in a treasury bills auction!

Cyprus raised on Monday €100 million in a treasury bills auction, the Public Debt Management Office said in a press release.

“During today’s 13 Week Treasury Bills Auction, tenders for a total amount of €324 mn were submitted, out of which, €100 mn total nominal value have been accepted with a weighted average yield of -0,01%” the Public Debt Management Office said.

The accepted prices ranged between 100,0000 – 100,0036 with corresponding yields from 0,00% to -0,06%.

The comprehensive results of the auction are shown below:

Announced amount €100.000.000
Tenor 13 Weeks
Auction date 30 January 2017
Issue date 3 February 2017
Maturity date 5 May 2017
Total offers received: €324.000.000
  • Competitive Offers
€209.000.000
  • Non-competitive Offers
€115.000.000
Total nominal value of accepted offers: €100.000.000
  • Competitive Offers
€ 75.000.000
  • Non-competitive Offers
€ 25.000.000
Offered yields:
  • Weighted average yield
0,001%
  • Maximum yield
0,10%
  • Minimum yield
-0,06%
Accepted Yields:
  • Weighted average yield
-0,01%
  • Maximum yield
0,00%
  • Minimum yield
-0,06%

source: CNA