Cyprus Mail

Yields drop to 2.68% as government sells €200m in 13-week TBs

By Stelios Orphanides

The government sold €200m in 13-weeks treasury bills at an average yield of 2.68 per cent, which was 16 basis points below of a similar issue on March 3, the public debt management office said.

The issue was oversubscribed as total offers amounted €286.6m, the PDMO, which is a unit of the finance ministry said in an emailed statement today.

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