Cyprus to Tap Markets With its First-Ever 30-Year Bond

Click For Larger Image & Read More
Cyprus to Tap Markets With its First-Ever...
 © GreekReporter 2020
The Headquarters of Cyprus’ Ministry of Finance in Nicosia. File photo

Cyprus has mandated investment banks to manage a double bond issue comprising a 5-year and a 30-year, euro-based bonds, the country’s Ministry of Finance announced on Tuesday.

This will be the first time Nicosia will borrow money on the international market for such a long duration.

Until now, the longest bond the Cypriot government had ever launched was one with a 15-year term.

Cyprus’ Finance Minister Harris Georgiades said that the Ministry is...


Read all latest: Cyprus Coronavirus News Updates - Live

This article was automatically added to our system 24-4-2019

Cyprus to Tap Markets With its First-Ever 30-Year Bond


The contents of this article including any associated images are © GreekReporter 2020
Views & opinions expressed in this article are those of the author and/or GreekReporter .

Advertise Here

  Trending Cyprus News

Advertise Here

Article Tags: cyprus, markets, first,