The government bought back four series of Republic of Cyprus bonds that mature in 2020 and 2021, paying €236,324,017.33, the Public Debt Management Office (PDMO) of the Ministry of Finance has announced.
The PDMO said that on the basis of its previous announcement, of August 30 2016, it has accepted offers for the re-purchase of a 15 year maturity bond with 6.10% interest maturing in April 2020, another 15-year bond with 5.35% expiring in June 2020, a seven-year bond with 4.75% ending in July 2020 and an 8-year bond with 5% ending in July 2021.
Source: Famagusta Gazette
