The Central Bank of Cyprus announces the issue, on behalf of the Government, of new Government Treasury Bills with an 82-day duration. The issue will be €1.400.000.000 (1,4 billion euros) and the Bills will be sold by tender only to interested credit institutions.
The tender will take place on 30.9.2009 and the issue date will be 2.10.2009. Tenders should be submitted by 12:30 p.m. on 30.9.2009, according to the Issue Announcement / Terms of Issue. The Tender Application Form is attached herewith.
Key Treasury Bills Features
|
Date of tender |
30.9.2009 |
|
Acceptance of tenders |
by 12:30 p.m. |
|
Issue Date |
2.10.2009 |
|
Maturity Date |
23.12.2009 |
|
Total nominal amount offered |
€1.400.000.000 * |
|
Annual interest rate (Interest will be paid on maturity) |
The Treasury Bills will bear interest payable on the maturity date and calculated at a rate per annum equal to the 3-month EURIBOR as displayed by Reuters on its EURIBORO1 page at or about 11.00 Brussels time two (2) working days (Target days) prior to the issue day, i.e. on |
|
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.