By Laura Contemori – ROME (Econostream) – Cyprus’ Public Debt Management Office (PDMO) on Monday sold €50 million of 13-week Treasury bills maturing on August 28, 2026.

The auction attracted total bids of €115.6 million, including €75 million in competitive offers and €40.6 million in non-competitive bids.

Accepted bids totaled €50 million, with €18.75 million allotted to competitive bidders and €31.25 million to non-competitive participants. The weighted average accepted yield was 2.15%.

Settlement was scheduled for May 29, 2026.

The PDMO said €25 million of the allotment was allocated to the Special Pension Benefit Payment Fund at the weighted average price of 99.4583.