An auction was held on 27.6.2007 for the sale by the Central Bank of Cyprus, for and on behalf of the Government of the Republic of Cyprus, of up to £50.000.000 Treasury Bills with date of issue 28.6.2007 and 13 weeks maturity.
The total value of the bids submitted was £22.500.000. The competitive bids amounted to £20.000.000 and the non-competitive bids to £2.500.000.
None of the bids submitted was accepted.