Displaying items by tag: bond sale

As stated by two Cypriot governmental delegates, the nation is contemplating a bond market sale by September, as reported by Parikiaki. It is thought that the offering will be for approximately 500 million euros, that will most likely follow a Bank of Cyprus share sale.

The nation's government is attempting to create a sovereign securities yield curve. The discussed bond purchasings will mark the second one, after last month's. June's sale generated 750 million euros in five-year bonds, with a 4.85% yield.

Cyprus is devising a benchmark public debt purchasing; if it succeeds the act would result in the swiftest reentry into the bond market by a state after a monetary rescue.