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

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

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

The six-year bond series will continue in January with the issuance of bonds of up to Euros 5.0 million. Applicants will be able to submit their applications between December 3 – 20, 2018

Source: Cyprus News Agency