CYPRUS: €668 mln in bonds buy-back

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The government plans to buy back some EUR 668 mln of six-year securities maturing in July 2019 with a yield of 7.84%.

 
The Finance Ministry’s Public Debt Management Office said it will buy back outstanding government development stock maturing on July 1, 2019 at a price of EUR 107.84 per EUR 100.
Interested bondholders can apply until December 16, the PDMO said. The transaction will become effective on December 23.

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