Cyprus bond achieves best borrowing rate in...
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The Cyprus 10-year bond issued on Tuesday represents the lowest reoffer yield and the lowest coupon that the country has ever achieved in international capital markets for a euro-denominated issuance and the largest ever transaction for Cyprus in this currency, the Ministry of Finance has said. According to a press release by the Ministry of Finance’s public debt management office which includes the details of the issuance the order-book closed at 11:00 GMT yesterday “with a final size of € 5.675bn and approximately 279 different investors participated in the...
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