Cyprus Mail
Business Cyprus

Cyprus opens books on five-year euro bond at 4.90% area

The Republic of Cyprus has opened books on its new euro June 2019 benchmark bond on Wednesday with official guidance on the bond of 4.90% area, according to a lead.

This is tighter than initial price thoughts released Tuesday at 5% area. Indications of interest on Wednesday morning top 1.5bn.

Deutsche Bank, Goldman Sachs, HSBC, UBS and VTB Capital are arranging the sale.

Cyprus is rated Caa3/B/B- by Moody’s/S&P/Fitch (positive/positive/stable). (Reuters)

 

Related posts

Not one sod of earth has been turned: Pissouri residents slam state’s inaction   

Bejay Browne

Sonatas for cello and piano

Eleni Philippou

Coronavirus: Two deaths, 140 people test positive on Saturday (Updated)

Staff Reporter

Gesy budget well within estimates, HIO says

Gina Agapiou

Paphos police investigating suspected assault over parking spot

Gina Agapiou

Man found dead in sea off Latchi

Gina Agapiou