Cyprus to borrow €1.25 billion from international markets in 2020, PDMO says

cyprus-to-borrow-e1.25-billion-from-international-markets-in-2020,-pdmo-says
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Cyprus financing needs for 2020 to be covered by bond issuances in the international capital markets amount to €1.25 billion, the Finance Ministry’s Public Debt Management Office (PDMO) has said. In an investor presentation, PDMO said that Cyprus` total financing needs for 2020 amount to €1.7 billion and will be covered by an EMTN issuance amounting to €1.25 billion, €0.3 bln in domestic treasury bills, €0.1 in loans and €0.1 in retail bonds. Cyprus’ financing needs include the early repayment of the …

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