Interest in bonds shows confidence of international markets in Cyprus
Cyprus on Tuesday raised €1bn after it re-opened bonds due in 2024 and 2040 in a bid to absorb cheaper cash to repay more costly...
bonds
Coronavirus: Cyprus will have to raise its own funds to cover economic measures
Cyprus would have to rely on itself for raising funds for its economic measures as the Eurogroup meeting that concluded on Thursday night decided to...
Our View: Success shows bond issue well timed
Although news of the government’s bond issue had been met with some disparaging remarks in some quarters, it proved a resounding success. The government raised...
Cyprus raises €1.75bn though issuing bonds
Cyprus raised €1.75bn through a seven-year and 30-year bond issuance on Tuesday, boosting liquidity as it seeks to buffer the fallout out of the coronavirus...
Finance minister satisfied over double bond issuance
Finance Minister Constantinos Petrides said on Tuesday he was satisfied with the double bond issuance which will meet Cyprus’ borrowing needs and repay an International...
Fitch revises Bank of Cyprus covered bonds’ outlook to positive, affirms at ‘A’
Fitch Ratings has on Wednesday revised Bank of Cyprus Public Company Limited’s (BoC, B-/Positive/B) conditional pass-through (CPT) mortgage covered bonds’ outlook to positive from stable...
From Ireland to Cyprus, euro zone countries hit record low yields
By Abhinav Ramnarayan Several euro zone countries are seeing their borrowing costs hit their lowest levels on record as the European Central Bank opens the...
Dash for 30-year Cyprus bond sale, overloaded with orders (Update 1)
Cyprus’ first 30-year bond sale was overloaded with orders on Wednesday, with high demand for such long maturities showing just how much Europe’s bond market...
Cyprus to tap markets with 30-year bond
Cyprus will be tapping the markets, possibly on Wednesday, with 30-year and five-year bonds. The bonds could be used for the early repayment of a...
Cyprus mulls early repayment of Russian loan
Cyprus is considering an early repayment of part of a €2.5bn loan it obtained from Russia during the financial crisis, as its funding costs decline,...
