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Cyprus Stock Exchange Unveils €25 Million Treasury Bill Issue

by THEFUTURE.TEAM

June 17, 2025

The Cyprus Stock Exchange (CSE) has announced the introduction of a new tranche of government treasury bills, signaling a strategic expansion in its debt instruments market. The issue consists of 25,000 bills, each bearing a nominal value of €1,000, thereby totaling €25 million in aggregate value.

Series 2025: A Detailed Overview

These 13-week treasury bills, designated as the sixth issue of the Series 2025, will remain valid from June 20, 2025, to September 19, 2025. Issued following a competitive auction held on June 16, 2025, the new tranche reinforces the government’s fiscal management strategies. Notably, the treasury bills are structured without an interest rate, positioning them as zero-coupon instruments.

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Market Integration and Trading Schedule

The CSE has confirmed that these treasury bills have been duly registered in both the central depository and central registry, ensuring a seamless transition into the market. Trading is slated to commence on Friday, June 20, 2025, offering investors an opportunity to engage with a reliable government-backed instrument.

This strategic issue underscores the market’s evolving landscape and the government’s commitment to fostering financial innovation, ensuring that capital market participants have access to robust and transparent investment avenues.

The Future Forbes Realty Global Properties

Sklavenitis Cyprus Sets A New Standard For Employee-Centric Benefits

by THEFUTURE.TEAM

September 12, 2025

Investing In Human Capital

In a bold move that underscores the growing importance of human capital in today’s business landscape, Sklavenitis Cyprus has taken innovative steps to ensure its workforce is both valued and supported. The supermarket chain has introduced a policy to pay a 14th salary to all employees—including those from Papantoniou Supermarkets—cementing its status as the sole retailer in Cyprus to implement such a comprehensive benefit.

A Significant Investment In People

This initiative is far from symbolic. With an estimated total cost of €2 million, it represents a committed investment in the company’s most valuable asset—its people. By providing an additional salary, Sklavenitis reinforces a culture of inclusivity and fairness, acknowledging every employee’s contribution to its success.

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Robust Benefits For Long-Term Stability

Complementary to the 14th salary, the company has launched a robust benefits program designed to address both financial and personal security. An Automatic Cost of Living Adjustment (ATA) of 12.56 per cent ensures that wages remain aligned with inflation, safeguarding real income stability for its team members.

Comprehensive Health And Life Support

Sklavenitis further enhances employee welfare through access to a Group Life and Health Insurance Plan and a Provident Fund co-funded by the employer. These measures not only provide immediate protection but also empower employees to plan confidently for the future.

Exclusive Perks And Incentives

The company extends its commitment beyond conventional benefits by offering store discounts, a birth allowance, and holiday gift vouchers valued at €100 during both Easter and Christmas. These additional perks enhance employee satisfaction and underline Sklavenitis’ people-first ethos.

A Strategy For Mutual Success

In an industry where employee engagement directly impacts customer satisfaction, Sklavenitis’ comprehensive approach stands out as both a progressive and strategic business decision. By investing in its workforce, the company not only nurtures a supportive workplace but also drives superior corporate performance, setting a new benchmark for responsible employment practices in Cyprus.