Cyprus is preparing for another bond issue.
Nikos Christodoulides, government
spokesman, confirmed that Cyprus is preparing for another bond issue before the
end of 2015. He added that "such moves will indicate that the economy`s
credibility is restored at international levelsÂ.
According to Christodoulides the maturity, the amount and the exact time of the issue are yet to be decided.
Finance Minister Harris Georgiades said "Confidence has been restored and market access re-established. Market conditions permitting, we are planning a new bond issuance by the end of the year in line with our annual funding programme, but the exact timing and details have yet to be determined.
Source: Cyprus Mail
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