Economy category powered by
Cyprus' financing needs for 2024 at €1.3b
11:46 - 15 December 2023
Cyprus’ financing needs for 2024 amount to €1.3 billion, largely to be covered by the issuance of a €1 billion EMNT bond, the Finance Ministry’s Public Debt Management Office (PDMO) has said.
The PDMO plans to issue domestic 3-month T-bills amounting to €120m, with domestic retail bonds issuances estimated at €40m.
Loans from supranational organisations, such as the European Investment Bank and the CoE’s Development Bank, are estimated at €140m next year.
Cyprus will cover the majority of its financing needs with the issuance of a €1 billion bond to international markets, under the European Medium-Term Note Programme.
News Feed
25 minutes ago Current Affairs
The first evaluation for Cyprus' accession to the Schengen zone is underway1 hour, 15 minutes ago Companies
Thousands participate in the 23rd McDonald’s Ayia Napa Youth Soccer Festival1 hour, 20 minutes ago Companies
Cyprus Airways takes flight with a greener, smarter travel experience on board new Airbus A2201 hour, 39 minutes ago Companies
New Remedica CEO Andrew Bird addresses Employee Town Hall3 hours, 14 minutes ago Opinion
Investment in the Ukrainian economy: New opportunities for business4 hours, 24 minutes ago Technology
IREROBOT, Promtek, and Staffordshire University collaborate on Industrial Robotics and Haptics Technology4 hours, 47 minutes ago Economy
Limassol district agrotourism enjoying wine and gastronomy boost