Cyprus 14-day bills at 2.41%

The Central Bank of Cyprus has announced that during the auction conducted on 19 January 2006 for the acceptance of deposits of 14-day duration, bids amounting to CYP 604.0 million were submitted, and an amount of CYP 380.0 million was absorbed at a weighted average allotment rate of 2.41%.

The minimum and maximum allotment rates were 2.39% and 2.43%, respectively.