Yields unchanged as government sells 13-weeks T-bills


By Stelios Orphanides

The Public Debt Management Office (PDMO) said on Monday that it sold €100m in 13-weeks treasury bills at an average rate of minus 0.4 per cent.

Total subscriptions amounted €173m, the PDMO said in an emailed statement.

When the government sold this type of security at an auction in July, the average yield was also minus 0.04 per cent.


About Author

Stelios Orphanides is a journalist at CyprusBusinessMail.com. To contact Stelios Orphanides: [email protected]