Cyprus 14-day depo auction yields 4.45%

The Central Bank of Cyprus announced that during the auction conducted on 13 September 2007 for the acceptance of deposits of 14-day duration, bids amounting to CYP11,0 mln or EUR 18.8 mln were submitted, and an amount of CYP11,0 mln was absorbed at a weighted average allotment rate of 4,45%. The minimum and maximum allotment rates were 4,43% and 4,49%, respectively.