Auction results of 5,00% Government Registered Development Stock Two years duration with date of issue 16.7.2004 (Second Series dated 16.7.2004)

An auction was held on 14.7.2004 for the sale by the Central Bank of Cyprus, for and on behalf of the Government of the Republic of Cyprus, of upto £50.000.000 5,00% Government Registered Development Stock with date of issue 16.7.2004 and maturity in two years.

The total value of the bids submitted was £68.993.100. The competitive bids amounted to £63.002.100 and the non-competitive bids to £5.991.000.  

None of the bids submitted was accepted.