The Central Bank of Cyprus announces the issue, on behalf of the Government, of new 1,50% Government Treasury Bills with a 35-week duration. The issue will be €1.000.000.000 (1 billion euros) and the Bills will be sold by tender only to interested credit institutions.
The tender will take place on 27.4.2009 and the issue date will be 29.4.2009. Tenders should be submitted by 12:30 p.m. on 27.4.2009, according to the Issue Announcement / Terms of Issue. The Tender Application Form is attached herewith.
Key Treasury Bills Features
|
Date of tender |
27.4.2009 |
|
Acceptance of tenders |
by 12:30 p.m. |
|
Issue Date |
29.4.2009 |
|
Maturity Date |
30.12.2009 |
|
Total nominal amount offered |
€1.000.000.000 * |
|
Annual interest rate (Interest will be paid on maturity) |
1,50% |
|
Nominal value of tenders |
€1.000 |
|
Tenders will have to be submitted |
At par |
* The Ministry of Finance reserves the right, depending on demand, to revise the final total nominal amount of the Treasury Bills which will be issued.