The average yield on 13-week Cyprus treasury bills fell to 2.08% at an auction this week from 2.18% at the previous sale on July 2, 2015, the Finance Ministry said.
Authorities sold €100 million in bills with yields ranging from 2.15% to 2.0%, the Ministry’s Public Debt Management Office said.
The auction was oversubscribed, receiving tenders for €143.7 million worth of bills.
Source: InCyprus
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Georg Bühler, ,
Digital assets are no longer a niche, but a part of modern finance attracting a growing number of investors – and there is immense potential for Cyprus to become a leading cryptocurrency hub. By fostering a more inclusive regulatory ecosystem, Cyprus can diversify its financial services sector and position itself at the forefront of digital finance, says Georg Bühler, Managing Director of Mount Pelion Capital.
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