Government buys back debt maturing in 2019 worth €300m
The government bought back in December outstanding government development stock maturing in July 2019 worth €300m held by a “domestic investor,” a finance ministry source...
bond
Cypriot government bond yields drop 19 b.p. in 6 days
The yield of the Cypriot 10-year government bond in the secondary market took a dive over the past few days, reaching the lowest levels ever...
Public debt rises to €19.4bn as government stocks up cash reserves
Cyprus’s government debt rose in September to €19.4bn from €18.7bn in June and €18.8bn in September 2015, mainly on accumulation of cash reserves by the...
Yields continue to rise as government sells €130.7m in 13-week t-bills
The Public Debt Management Office, a division of the Finance Ministry, said that it sold 13-week treasury bills worth €130,7m at an average yield of...
Impact of clean programme exit on bond yields limited, PDMO says
The Public Debt Management Office, a division of the finance ministry, said that the impact on bond yields from the completion of Cyprus’s adjustment programme,...
Fiscal watchdog warns Cyprus’s situation still “precarious” after programme exit (update)
The Fiscal Council, an agency set up to advise the government in an attempt to prevent fiscal derailment, said that it is concerned over...
Cyprus plans roadshows in May, bond issue before November, official says
By Stelios Orphanides Cyprus’s plans to begin staging roadshows in the next few months to regularly brief global investors in order to become ready to...
Georgiades asks lawmakers to speed up vote on reforms
By Stelios Orphanides Finance minister Harris Georgiades said that he asked the parliament to speed up the debate on reform bills pending for months and...
Yields drop to record low as government sells €40m in 30-day t-bills
By Stelios Orphanides The government sold a total of €50m in 30-day treasury bills at an average yield of 0.51 per cent on Tuesday, the...
Troika due back in Cyprus November 3 for eighth evaluation
A Troika delegation (IMF, EC, ECB) returns to Cyprus on November 3 for the eighth evaluation of the island`s adjustment programme which ends on March...
