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Cyprus Stock Exchange Unveils €25 Million Treasury Bill Issue

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.

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.

Elevating Infant Nutrition: Nara Organics Unveils Premium Organic Formula

The Origins Of A Vision

When Esther Hallam welcomed her daughter Nara into the world, she immediately confronted a formidable challenge: identifying a trustworthy, high-quality organic infant formula. In a U.S. market dominated by cost-cutting practices—such as the use of skim milk supplemented with oils to meet nutritional standards—Hallam observed a disconnect between established availability and uncompromised quality. Research linking corn syrup to obesity and palm oil to reduced calcium absorption only reinforced her resolve to seek a safer alternative.

Redefining Industry Standards

Frustrated by the limitations of existing options, Hallam devoted seven years to developing an organic, whole-milk formula with the expertise of leading scientists and pediatric nutritionists. Nara Organics distinguishes itself by offering the highest percentage of milk fat of any formula on the U.S. market and a significantly reduced reliance on plant-based oils. The carefully selected blend of organic sunflower, coconut, and rapeseed oils not only meets nutritional needs but also minimizes potential health risks inherent to additives like palm oil, soy, and corn syrup.

Manufacturing Excellence In Germany

Rather than manufacturing domestically—a decision influenced by previous concerns over Cronobacter contamination in American facilities—Nara Organics leverages the advanced, oxygen-controlled production environment of a German facility, widely regarded as the birthplace of powdered infant formula. Chief Marketing Officer Meika Hollender detailed that their unique manufacturing process, which minimizes oxygen exposure during can sealing, substantially extends shelf life and preserves formula integrity, setting a new standard in infant nutrition.

Strategic Investment And Market Impact

Backed by $32 million from prominent investors including AlleyCorp, BBG Ventures, Corazon Ventures, Gingerbread Capital, and Torch Capital, Nara Organics has also garnered support from high-profile celebrity investors such as Serena Williams, Gina Rodriguez, and Nicky Hilton. This robust investment positions the company at the vanguard of an organic infant formula market projected to grow from $20.7 billion in 2023 to $37 billion by 2032.

Enhancing Consumer Accessibility And Community Commitment

Nara Organics is available for purchase directly via its website, subscription models, and a dedicated mobile app that assists parents in tracking essential aspects of infant care. To underscore its commitment to community well-being, the company is donating over 1,400 cans of formula to the Good+ Foundation, which strives to alleviate multi-generational poverty by providing essential services to under-resourced families.

By merging state-of-the-art production with a commitment to organic, high-quality ingredients, Nara Organics is poised to redefine the benchmarks of infant nutrition in a competitive, evolving market.

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