Eurobank raised EUR 600 mn at a yield of 6.25%, through the issuance of a new AT-1 bond

Markets:

• Eurobank raised EUR 600mn at a yield of 6.25% through the issuance of a PNC8 AT-1 bond. Demand was relatively strong with the final orders’ book closing above EUR 2.8bn.
  Source: ATHEX
  

Macro/Political:

• The Turnover Value Index of Retail Trade (except of motor vehicles) for September 2025 increased by 6.3% compared to the corresponding month of the previous year. For the same month, the Turnover Volume Index of Retail Trade increased by 9% compared to the corresponding month of previous year.
  Source: CyStat

• Yesterday, the President of Cyprus, Mr. Nicos Christodoulides, completed his meetings with the country’s largest trade unions regarding the dispute that has arisen between the unions and the employers’ organizations over the CoLA. According to the government spokesman, during yesterday’s meeting the parties reaffirmed their positions on the framework of convergences for CoLA, as it had been shaped during Friday’s meeting with the employers’ organizations and the competent ministers. As already announced by the employers’ and trade union organizations, on Wednesday afternoon they will brief their members and make their final decisions. According to StockWatch, If on Wednesday the government’s proposed agreement framework is adopted by the collective bodies of both sides, it is expected that, by Friday at the latest, the framework agreement will have been signed and finalized by both parties, after which the government will announce the definitive agreement on the CoLA system.
  Source: StockWatch