Displaying items by tag: cyprus

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.

On Monday, the European Stability Mechanism's Board of Directors authorized a 600 million euro aid package to Cyprus, according to international reports.

Cyprus Airways confirmed its new daily flights to Stansted Airport in London that will begin on September 14th, as reported by Cyprus Mail.