articles | 06 December 2018

Government raises €17.9 million through six-year bond issuance for natural persons

The Ministry of Finance raised €17.9 million through the issuance of six-year bonds for natural persons, the Public Debt Management Office (PDMO) said in a press release recently.

The PDMO said it accepted on November 20, 2018 a total of 302 offers, largely (99%) from Cypriot investors totalling €17,943,200.

The six-year bond series will continue in January 2019 with the issuance of bonds of up to €5.

Source: CNA

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