Cypriot bonds purchased by the European Central Bank (ECB) through redemptions of maturing bonds purchased during the Asset Purchase Programme (APP) amounted to €1.8 billion. The ECB in June purchased Cypriot bonds amounting to €96 million with the total stock of Cypriot bonds held by the ECB in end-June amounting to €1,178 million. The bonds’s remaining weighted average rose to 6.96 years in June from 6.3 years in end-April. By the end of 2018 when the ECB terminated new bond purchases as part …