Bond Cyprum 2.5% ( CY0147980813 ) in EUR

Issuer	Cyprum
Market price	100 % ⇌
Country	Cyprus
ISIN code	CY0147980813 ( in EUR )
Interest rate	2.5% per year ( payment 1 time a year)
Maturity	16/12/2019 - Bond has expired
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Minimal amount	1 000 EUR
Total amount	750 000 000 EUR
Detailed description	Cyprus is a Mediterranean island nation located in the eastern Mediterranean Sea, known for its rich history, diverse culture, and stunning beaches. The Republic of Cyprus, an island nation and member state of both the European Union and the Eurozone, successfully completed the life cycle and repayment of a significant sovereign bond, identified by ISIN CY0147980813. This fixed-income instrument, denominated in EUR, represented a total issuance size of EUR 750,000,000 and offered an annual interest rate of 2.5%. Available for purchase in minimum increments of EUR 1,000, the bond was observed to trade at 100% of its face value on the market, indicating its robust standing. Interest payments were structured to occur annually. Having reached its maturity date on December 16, 2019, this bond has been fully redeemed and repaid, underscoring the Cypriot government's consistent management of its financial obligations and the successful conclusion of this specific debt offering.