Cyprus to sell 6-month Treasury Bills

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The Finance Ministry has announced that it offers for sale, by auction, Treasury Bills of the Republic of Cyprus of up to 50.000.000 euro, with date of issue 20th of April, 2011 and maturity date 19th of October, 2011.

According to an announcement, issued by the Ministry of Finance, the auction will take place on April 18, 2011 and the nominal value of each Treasury Bill will be 1.000 euro.

The Ministry also announced that the bids can be Competitive or Non-competitive.