Cyprus Sells EUR1 Billion in January 2032 Bonds
January 13 2022 - 10:42AM
Dow Jones News
By Emese Bartha
Cyprus sold 1 billion euros ($1.14 billion) in new, January
2032-dated bonds via a syndicate of banks Thursday, one of the
book-runner banks said.
The bond has a coupon of 0.95%, the same bank said. The spread
on the bond was set 65 basis points above midswaps, at a price of
99.583 and a yield of 0.994%, it said.
Demand for the bond exceeded EUR7.8 billion, including EUR250
million interest from the joint lead managers.
Book-runners of the deal were Barclays, Citi, Deutsche Bank,
Goldman Sachs Bank Europe and HSBC.
Write to Emese Bartha at emese.bartha@wsj.com
(END) Dow Jones Newswires
January 13, 2022 10:27 ET (15:27 GMT)
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