Bloomberg: Cyprus considering early repayment of part of Russian loan

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Bloomberg: Cyprus considering early repayment...
 © In-Cyprus 2019
The Cyprus government is considering the early repayment of part of a €2.5b loan given by Russia in 2011, Bloomberg reported on Monday citing two government officials who asked not to be named.

No final decision has been taken, it clarified.

But the news agency said that current market conditions have prompted the government to weigh selling new debt earlier than originally planned.

Yields on Cypriot 10-year bonds dropped to 1.37% on Friday, the lowest since 2015, when Bloomberg began compiling the data.

The Russian loan was taken out by the government of...


This article was automatically added to our system 15-4-2019

Bloomberg: Cyprus considering early repayment of part of Russian loan


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Article Tags: bloomberg, cyprus, considering, early, repayment, russian,