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16 May, 2021
 
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Cyprus borrows €82.4 million at a negative yield

Economic recovery sees validation

Source: CNA

The Public Debt Management Office announced that the state has borrowed €82,4 mn in a 13-week Treasury Bills Auction on Monday, at a negative yield.

“During today’s 13 Week Treasury Bills Auction, tenders for a total nominal value of €82,4 mn were submitted and have all been accepted with a weighted average yield of -0,09%” said the PDMO announcement.

The accepted yields ranged between -0,04% and -0,14%.

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