By Emese Bartha
Cyprus sold 1 billion euros ($1.14 billion) in new, January 2032-dated bonds via a syndicate of banks Thursday, one of the book-runner banks said.
The bond has a coupon of 0.95%, the same bank said. The spread on the bond was set 65 basis points above midswaps, at a price of 99.583 and a yield of 0.994%, it said.
Demand for the bond exceeded EUR7.8 billion, including EUR250 million interest from the joint lead managers.
Book-runners of the deal were Barclays, Citi, Deutsche Bank, Goldman Sachs Bank Europe and HSBC.
Write to Emese Bartha at emese.bartha@wsj.com
(END) Dow Jones Newswires
01-13-22 1027ET
