Finance Ministry issues six-year bonds for natural persons worth of Euros 6.77 million

Cyprus Finance Ministry issued domestic bonds for natural persons amounting to Euros 6.77 million, Public Debt Management Office (PDMO) announced.

The bids surpassed the ceiling of Euros 5 million but was lower compared with the May issuance that amounted to Euros 9.9 million.

The PDMO said it received 107 offers from Cypriot investors totalling Euros 6.99 million. All bids were accepted.

The next auction will be held on June 1 with deadline for offers ending on June 20, the PDMO added.

Source: Cyprus News Agency