Government buys back Euros 236 mln in bonds

The government bought back four series of Republic of Cyprus bonds that mature in 2020 and 2021, paying Euros 236,324,017.33 the Public Debt Management Office (PDMO) of the Ministry of Finance announced on Friday.

The PDMO said that on the basis of its previous announcement, of August 30, it has accepted on Friday offers for the repurchase 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: Cyprus News Agency.