articles | 24 February 2020

Cyprus' debt at €20.74 billion in end of 2019

Cyprus' central government debt declined to €20,739 million in December 2019, marking a reduction of €330 million compared with end-2018, according to new data released by the Ministry of Finance Public Debt Management Office (PDMO).

The short term debt redemption for the fourth quarter of 2019 amounted to €206 million, while repayment for retail securities amounted to €22 million.

In December 2019 a domestic bond amounting to €750 million matured. Loan amortizations amounted to €45 million, PDMO added.

Source: Kathimerini News

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