Sophic: Significant interest expected for the new issuance of Cyprus Government Treasury Bills

The new issuance of 13-week Cyprus Government Treasury Bills (maturing on February 28, 2025) will take place on Monday, 25 November with the estimated annualised yield expected to range between 2.95% and 3.05%, according to Sophic.

A press release from the investment platform powered by Athlos Capital said, "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 plans to secure part of the issuance to make the T-bills available to its clients, as it has done with previous issuances, the platform said, noting, "T-bills offer attractive returns and serve as one of the best options for non-professional investors and businesses looking to optimise their available liquidity."

About Sophic

Sophic is a user-friendly platform designed to optimise the liquidity management of its clients. Through Sophic, investors can select Treasury Bills that align with their financial goals while diversifying their funds by investing in various T-bills, thereby reducing risk.

The platform stands out by offering easy access to high-credit-quality T-bills issued by entities such as the European Union, France, and Germany, with current yields reaching approximately 2.9% annually. Sophic is a service provided by Athlos Capital, regulated by the Cyprus Securities and Exchange Commission (CySEC), and authorised to provide cross-border services across the European Union.

About Athlos Capital

Athlos Capital is an independent investment firm regulated by the Cyprus Securities and Exchange Commission (license number 348/17). Renowned within the investment community, Athlos Capital provides services including trading in financial instruments, specialised access to bond markets, custody services, and portfolio management.