Auction results of Treasury Bills issued on 20.11.2003

An auction was held on 19.11.2003 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 Treasury Bills with date of issue 20.11.2003 and 52 weeks maturity.

The total value of the bids submitted was £54.000.000 all of which were competitive.  The total value of bids accepted was £50.000.000.  

The weighted average price of the accepted competitive bids was £965,64 per £1.000 nominal value representing an annual yield of 3,58%.