CYPRUS: 13 -week T-bill auction raises €100 mln

Cyprus issued 13-week Treasury bills amounting to €100 mln with the average yield rising to 0.84%, compared to 0.58% in the February 29 auction, according to the Public Debt Management Office of the Ministry of Finance.
The PDMO said that it received bids worth €116 mln and accepted tenders of €100 mln.
The accepted yields ranged from 0.70% to 0.93% with the weighted average yield at 0.84%.