Cyprus Is Said to Consider Early Repayment of Russian Loan
Cyprus is weighing an early repayment for part of a 2.5 billion-euro ($2.8
billion) Russian loan that dates back to the low point of the financial crisis,
two government officials said, after yields on the country’s 10-year debt hit a
record low last week.
While the government is seriously considering early repayment, no final
decision has been made yet, said one of the officials, who asked not to be
named citing the ongoing decision-making process.
Current market conditions have prompted the government to weigh selling
new debt earlier... [
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