A new issuance of Cyprus Treasury Bills (T-bills) will take place on Monday, March 17, 2025.

The 13-week T-bills, maturing on June 20, 2025, are expected to attract strong demand once again, following recent trends of heightened investor interest.

Investments in T-bills continue to gain traction among both individual investors and businesses.

In the last auction for €50 million in Treasury Bills, total bids reached €122 million, with a weighted average yield of 2.48 per cent.

According to data released by the Central Bank of Cyprus (CBC), the interest rate for household time deposits of up to one year fell to 1.34 per cent in January, compared to 1.79 per cent in the previous month.

“This highlights the significantly higher returns offered by Treasury Bills compared to traditional bank deposits in Cyprus,” said investment platform Sophic.

The company’s comments were part of a statement announcing its intention to secure part of the upcoming issuance for its clients.

“Treasury Bills remain an attractive investment option, offering secure returns for both non-professional investors and businesses looking to optimise their liquidity management,” the company added.

“Cypriot Treasury Bills continue to be among the most sought-after investment instruments available through Sophic, often selling out within days of becoming available,” the announcement concluded.