Cyprus to borrow €1.25 b from international markets in 2020

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Cyprus to borrow €1.25 b from international...
 © In-Cyprus 2020
Cyprus financing needs for 2020 to be covered by bond issues 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 €1.7 billion and will be covered by an EMTN issue amounting to €1.25 billion, €0.3 bln in domestic treasury bills, €0.1 in loans and €0.1 in retail bonds.

Cyprus’ financing needs include the early repayment of the loan Cyprus obtained from the International Monetary Fund during the...


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

Cyprus to borrow €1.25 b from international markets in 2020


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