Sophic has secured over 80% of the latest issue of Republic of Cyprus T-bills for its clients

Sophic, the innovative investment platform provided by Athlos Capital, is continuing its efforts to offer Cypriot citizens the opportunity to invest in Cyprus Treasury Bills.

During the auction of the Republic of Cyprus Quarterly Treasury Bill (GD) held on Monday 16 June, 2024, Sophic and Athlos Capital secured more than 80% of the total €21.5 million issued to be made available to their clients. These DGs carry an annualised yield of 3.74% and are available to retail investors and businesses through Sophic, a relevant press release notes.

"The yields offered by the DGs of Cyprus and other European countries are particularly attractive to non-professional investors and companies looking for optimal ways of managing their liquidity in an environment of persistently low deposit rates. As with previous editions, the largest percentage of Cypriot DGs has already been allocated to our clients, while the remaining amount is expected to be exhausted through transactions by Sophic in the coming days", commented Ioannis Petri, CEO of Athlos Capital.

About Sophic

Sophic is an easy-to-use platform that aims to better manage our clients' liquidity. Through Sophic , investors can choose the DGs that are consistent with their financial goals, while at the same time they can achieve greater diversification of their funds by investing in different DGs, further reducing their risk. The platform stands out as it offers easy access to highly rated DGs issued by the European Union, France and Germany, with yields currently exceeding 3.3% per annum. Sophic is a service provided by Athlos Capital, which is supervised by the Cyprus Securities and Exchange Commission and authorised to offer cross-border services throughout the European Union.

About Athlos Capital

Athlos Capital is an independent investment company supervised by the Cyprus Securities and Exchange Commission ( license no . 348/17). Athlos Capital is widely known to the investing public as it provides, among other things, trading in financial instruments, specialised access to the bond markets, custody and portfolio management services.