Cyprus Mail

Georgiades expects similar or better yields in next debt issue

Finance Minister Harris Georgiades

By Stelios Oprhanides

The finance ministry will issue debt twice this year in an attempt to achieve yields “similar or better” than that of its bond issue last year, before considering that sustainable market access has been restored, the finance minister said.

“We know the financing period of the programme expires in ten to eleven months,” Harris Georgiades said in a telephone interview yesterday. “That means we must have restored sustainable market access well ahead”.

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