The Central Bank of Cyprus announces, in the form of an Announcement published in the Official Gazette of the Republic on 8 January 2010, the sale by auction up to €300.000.000 Government Registered Development Stock (GRDS) of two year duration with a nominal interest rate of 2,00%. The date of issue will be the 15th January 2010 and the repayment date the 15th January 2012. GRDS will be repaid at par on maturity date.
The auction will take place on Wednesday 13th January 2010. Bids on the prescribed form for 2-year GRDS will be accepted from 11th January 2010 and not later than 9:00 a.m. on 13th January 2010. Application forms for the submission of bids and copies of the Announcement and General and Specific Terms of Issue can be obtained from the Cash Section of the Central Bank of Cyprus or printed through the website of the Central Bank of Cyprus.