Cyprus to tap the markets with 5-year and 30-year bonds

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Cyprus to tap the markets with 5-year and...
 © In-Cyprus 2020
Cyprus has mandated investment banks to manage a double bond issue comprising a 5-year and a 30-year euro denominated bonds, Ministry of Finance announced today.

Finance Minister Harris Georgiades has said the Ministry is considering an early repayment of the loan it obtained in 2011 from the Russian Federation. The loan’s outstanding amount is €1.57 billion.

“The REPUBLIC OF CYPRUS, rated BBB- (stable) by Standard and Poor’s, Ba2 (stable) by Moody’s, BBB- (stable) by Fitch and BBBL (stable) by DBRS, has mandated BARCLAYS, DEUTSCHE BANK, GOLDMAN SACHS INTERNATIONAL,...


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This article was automatically added to our system 23-4-2019

Cyprus to tap the markets with 5-year and 30-year bonds


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Article Tags: cyprus, markets, bonds,