Cyprus taps local market for EUR 250 mln in T-bills

Cyprus will seek up to 250 mln euros in total in 30- and 60-day and 13-week treasury bills in three separate auctions to be held on Friday, the finance ministry said on Wednesday.
Authorities will seek up to 100 mln euros each in the auctions on a bid-price basis of 30- and 60-day bills, and 50 mln euros in 13-week bills. The issue date of the bills will be February 3.