Cyprus sees strong demand in 13-week treasury bills

The Finance Ministry’s Public Debt Management Office on Tuesday announced the results of a 13-week treasury bills auction, reporting strong investor interest.

The office said that total bids reached €46.85 million, while accepted offers amounted to €21.6 million in nominal value.

According to the announcement, the accepted bids were issued at a weighted average yield of 2.03 per cent.

The Public Debt Management Office also said that accepted yields ranged between 2.00 per cent and 2.05 per cent...