Cyprus sells €12 million in six-year bonds

Cyprus sells €12 million in six-year bonds

Cyprus sold six – year government bonds worth of €12 million, the Public Debt Management office announced on Thursday.

According to the announcement, the offer period for the six-year bonds ended on 20 May 2015, and the Republic received 92 offers for the total amount of € 11.918.700, of which € 5.000.000 were foreign investors.

The offers ranged from € 1.500 to € 2.500.000. The average value of the offers was €129.551.

The office will also issue a six year bond of € 10.000.000 on 1st of July and the offers period will be from 2 to 19 June 2015.

CNA/TNE/GV/2015
ENDS, CYPRUS NEWS AGENCY