Bond yields fall af­ter ERM2

Financial Mirror (Cyprus) - - FRONT PAGE -

Bond yields fell 100 ba­sis points (bps) af­ter Cyprus joined the ERM2 “welcome room” prior to eu­road­op­tion, with CYP 575 mln worth of bids for CYP 260 mln worth of mul­ti­ple bonds and af­ter a 0.5% rate cat, ac­cord­ing to the is­sue 623, on June 8, 2005.

There was a stam­pede for the week’s mul­ti­ple bond auc­tions, the first since Cyprus pound

Bond yields:

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