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Auction results of 6,00% GRDS Ten years duration with date of issue 24.9.2004 (Second Series dated 24.9.2004)

Thursday, 23 September 2004

An auction was held on 22.9.2004 for the sale by the Central Bank of Cyprus, for and on behalf of the Government of the Republic of Cyprus, of upto £30.000.000 6,00% Government Registered Development Stock with date of issue 24.9.2004 and maturity in ten years.

The total value of the bids submitted was £15.615.500. The competitive bids amounted to £12.978.500 and the non-competitive bids to £2.637.000.  

None of the bids submitted were accepted.