Cyprus raises EUR 1 bn at 3.339% yield.

Local Eye

Jan. 22, 2026

GREECE

Macro/Political:

  • The Greek PDMA announced that during the 26W T-Bills auction of EUR 400mn which took place yesterday, the total bids reached EUR 967mn and the amount finally accepted was EUR 500mn at a uniform yield of 1.85% (vs 2.01% in the previous 26W T-Bills auction in December 2025).
    Source: PDMA

 

  • Based on provisional data, the balance of travel services in November 2025 posted a surplus of EUR 505.2 mn, up from a surplus of EUR 374.8 mn in November 2024. Travel receipts rose by 27.7% (y-o-y) to EUR 726.3 mn, while travel payments also increased by 13.9% (y-o-y) to EUR 221mn. In January-November 2025, the balance of travel services showed a surplus of EUR 19,942.1 mn, up from a surplus of EUR 18,616.3 mn in the same period of 2024.
    Source: BoG

 

Markets:

  • Eurobank will announce FY25 financial results on Thursday 26/02/2026.
    Source: ATHEX

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