Central Bank of Cyprus 14-day rate at 3.84%

The Central Bank of Cyprus announces that during the auction on 5 May 2005 for the acceptance of deposits, of 14-day duration, bids amounting to CYP 101.0 mln, were submitted and an amount of CYP 50.0 mln was absorbed.

The weighted average allotment rate was 3.84%.

The minimum and maximum allotment rates were 3.83% and 3.85%, respectively.