Cyprus to tap markets with 5yr bond

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Cyprus Republic is getting ready to tap the markets with a 5yr bond.An announcement by the Public Debt Management Office of the Ministry of Finance, issued Monday, says that the Republic of Cyprus, rated BBB- (stable) by Standard and Poor`s, Ba2 (positive) by Moody`s, BBB- (stable) by Fitch and BBBL (stable) by DBRS, has mandated Barclays, BNP Paribas, J.P. Morgan, Morgan Stanley and Société Générale to lead manage a single-tranche EUR-denominated RegS CACs benchmark [5yr] issuance in registered form under …

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