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

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Η Sophic εξασφαλισεπα&nu ωοτευτκοσ Γρατωμου Κυπι κημοκτις πετς τη&sigmaf?

Sophic, the innovative investment platform provided by Athlos Capital, continues 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 16/6/2024, Sophic and Athlos Capital secured over 80%  of the total 21.5 million euros that were issued, in order to make them available to their customers.  These DGs carry an annualized yield of 3.74% and are available to retail investors and businesses through Sophic.

“The yields offered by the DGs of Cyprus and other European countries are particularly attractive for 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 Mr. Ioannis Petri, CEO of Athlos Capital.< /p>

About Sophic

Sophic is an easy-to-use platform that aims to better manage our clients' liquidity. Through Sophic, investors can choose DG  consistent with the  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 is authorized to offer cross-border services throughout the European Union.

About Athlos Capital

Athlos Capital is an independent investment firm 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, specialized access to the markets  bonds, custody and portfolio management services.

Source: www.philenews.com

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