An auction was held on 21.5.2003 for the sale by the Central Bank of Cyprus, for and on behalf of the Government of the Republic of Cyprus, of upto £ 20.000.000 3,75% Government Registered Development Stock with date of issue 22.5.2003 and maturity in two years.
The total value of the bids submitted was £ 20.000.000 all of which were competitive.
No bids were accepted.