Cyprus hunts investors for first-ever sustainable bond

Cyprus hired banks to market its first-ever sustainable bond, according to the Public Debt Management Office. Cyprus is looking for investors to issue a sustainable bond, the Financial Director of the Public Debt Management Office, Phaedonas Kalozois, told CNA. “The bond will only be issued if the market conditions allow it,” Kalozois said. “What we are doing now is contacting investors.” “We will see the amount and the rest of the conditions next week”, he said. Green bonds are a financing tool that...