GREECE
CYPRUS
Macro/Political:
- Cyprus returned to the bond markets with a successful EUR 1bn 10-year issuance, marking its first market transaction since June 2024.The bond, maturing on 28 January 2036, was priced at a yield of 3.339% (MS +44bps) after strong investor demand drove spreads tighter from the initial guidance of MS +52bps.Demand was robust, with the final order book exceeding EUR 16.5bn, underscoring strong investor confidence in Cyprus’s credit profile and market access.
Source: Bloomberg