The Central Bank of Cyprus announces that an auction for the acceptance of deposits will be conducted on 2 March 2006, as follows:
Operation type | Liquidity absorbing |
Procedure | Standard tender |
Tender date | 02 March 2006 |
Time for submission of bids | 08.00 – 09.00 a.m. |
Start date | 02 March 2006 |
Maturity date | 16 March 2006 |
Duration (days) | 14 |
Auction type | Variable rate tender |
Allotment method | Multiple rate |
Maximum total amount of deposits | £250.000.000 |
Maximum bid rate | 3,25% |
Minimum bid amount | £100.000 |
Only the counterparties to the Central Bank of Cyprus monetary policy operations can participate.