articles | 29 August 2017

Government raises €6.5m from six year bonds

The Public Debt Management Office (PDMO) received applications for six-year government bonds for physical persons, the 9th series (September 2017), valued at €6.49 million.

According to an announcement, 70 applications were received from local investors. The value of each individual application ranged from €5,000 to €1,277,000 and were all accepted.

The issuance of six-year government bonds for physical persons will continue with the 10th series, with a publication limit of €5,000,000, which will be published on 2 October 2017. The application period will last from 1-20 September 2017.

Source: InCyprus

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