Significant Interest Expected For The New Issuance Of Cyprus Government Treasury Bills
Sophic: Estimated Annualized Yield Between 2.95% - 3.05% – The Platform Intends To Acquire Part Of The Issuance.
On Monday, November 25, 2024, the new issuance of 13-week Cyprus Government Treasury Bills (maturing on February 28, 2025) will take place. The estimated annualized yield is expected to range between 2.95% and 3.05%.
Investments in Treasury Bills (T-bills) continue to attract growing interest from both retail investors and businesses. For instance, in the latest T-bill auction for €25 million, the total bids submitted reached €93 million.
Sophic, the innovative investment platform powered by Athlos Capital, plans to secure part of the issuance to make the T-bills available to its clients, as it has done with previous issuances. T-bills offer attractive returns and serve as one of the best options for non-professional investors and businesses looking to optimize their available liquidity.