Slightly increased interest rates for the first two years will be offered by the new six-year bonds that the Republic of Cyprus will issue.
\nSpecifically, for the annual nominal interest rate for the first 24 months of the new bonds, it rises to 1.25% from 1.00% compared to the six-year bonds of the previous series.
\nThe annual nominal interest rate shows slight differences for the remainder of their term, with a small increase for the period from 24 to 48 months and a slight decrease for the remaining periods.
\nIn more detail, the Public Debt Management Office has recently announced that the interest rates of the six-year nominal government bonds for individual investors (hereinafter \u201cbonds\u201d), starting with the 2nd series (July) of 2024, for which applications will be accepted in June 2024, will yield annual interest rates as presented below:
\nThe weighted average annual interest rate, in case of holding the bond until maturity (6 years), amounts to approximately 1.367% (1.366667%).
\nFor more information, interested parties can contact:
\nCyprus Stock Exchange
\nContact Number: 22712300bonds. interest rates, six-year bonds, Cyprus Stock Exchange<\/p>\n","protected":false},"excerpt":{"rendered":"
The Republic of Cyprus will issue new six-year bonds with slightly increased interest rates for the first two years. The annual nominal interest rate for the first 24 months will be 1.25%, compared to 1.00% in the previous series. The interest rates show small differences for the remaining term, with a slight increase from 24 to 48 months and a slight decrease for the rest of the periods. The weighted average annual interest rate for holding the bond until maturity is approximately 1.367%. For more information, contact the Cyprus Stock Exchange at 22712300.<\/p>\n","protected":false},"author":5,"featured_media":6823,"comment_status":"open","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[3,2840,898,1992,26,415,2839,1823,899,374,1401,3404,4074,4593,3225,720,4960,3014],"class_list":["post-6822","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-other","tag-cyprus","tag-cyprus-stock-exchange","tag-debt","tag-decrease","tag-economy","tag-government","tag-government-bonds","tag-increase","tag-interest","tag-interest-rate","tag-interest-rates","tag-investors","tag-loans","tag-office","tag-republic-of-cyprus","tag-rest","tag-six-year-bonds","tag-stock-exchange"],"acf":{"keyphrase":"","keywords":"","sourceimg":"","country-category":""},"yoast_head":"\n