articles | 25 October 2014

Cyprus approves €7.14m applications for six-year retail bonds

Cyprus Public Debt Management Office (PDMO) announced it approved applications amounting to €7.14 million for the purchase of sixth series of six-year government bonds for physical persons.

The PDMO said it approved a total of 26 applications ranging from €8,000 to €2,500,000 with aweighted average of €274,615. The bonds will be issued on November 1, 2014.

The next series will be issued December 1, 2014 and the period for applications submission begins on November 3 and expires 20 days later.

Source: Financial Mirror

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