Cyprus to borrow €1.25bn from international markets in 2020

Click For Larger Image & Read More
Cyprus to borrow €1.25bn from international...
 © CyprusMail 2019
Cyprus’ financing needs for 2020 to be covered by bond issuances in the international capital markets amount to €1.25 billion, the Finance Ministry’s Public Debt Management Office (PDMO) has said.

In an investor presentation, PDMO said that Cyprus` total financing needs for 2020 amount to €1.7bn and will be covered by an EMTN issuance amounting to €1.25bn, €0.3bn in domestic treasury bills.

Financing needs include the early repayment of the loan Cyprus obtained from the International Monetary Fund during the 2013 financial crisis amounting to...


This article was automatically added to our system 17-10-2019

Cyprus to borrow €1.25bn from international markets in 2020


The contents of this article including any associated images are © CyprusMail 2019
Views & opinions expressed in this article are those of the author and/or CyprusMail .

Advertise Here

  Trending Cyprus News

Advertise Here

Article Tags: cyprus, borrow, international, markets,