Newsroom
Cyprus is once again turning to short-term borrowing, announcing a €25 million Treasury Bills auction that will take place on October 20, between 8:30 a.m. and 11:30 a.m., according to the Public Debt Management Office (PDMO) of the Ministry of Finance.
The bills, which don’t carry interest, will be issued on October 24 and mature on January 23, 2026, as part of the government’s ongoing effort to manage liquidity and fine-tune its public finances.
In plain terms? The government is raising cash quickly, the short-term way, and investors looking for a safe, low-risk parking spot for their funds may want to take note.
The PDMO also made clear that bids outside the auction window will be rejected, as the process follows strict timing rules.
Once issued, the Treasury Bills will be listed on the Cyprus Stock Exchange, allowing investors to trade them freely. While these regular auctions may not make big headlines, they’re an essential part of how the state keeps its financial engine running smoothly between major bond issues.
