Breaking news

Cyprus To Repay Zero-Interest Eurobond At Maturity

Republic Of Cyprus Initiates Bond Repayment

The Republic of Cyprus is set to repay a zero-interest government bond as part of its scheduled debt maturity process. This repayment, occurring a week from now, marks the culmination of a decade-long financial instrument, reflecting the nation’s disciplined fiscal management.

Bond Details And Maturity Timeline

The bond in question is the 0 per cent eurobond from the first series issued in 2021, with the final maturity scheduled for February 9, 2026. In alignment with its terms, interest covering the period from February 9, 2025, to February 9, 2026, will be paid in full on the day of repayment.

Final Trading Period And Market Implications

In addition to the scheduled repayment, authorities have announced that the last trading day for this bond will be February 3, 2026. This scheduled cessation of trading is a critical component of the debt management strategy, ensuring that market participants are fully aware of the timeline.

Government Fiscal Oversight

The announcement was made by the Public Debt Management Office of the Cyprus Finance Ministry. For further details on the nation’s fiscal policies and debt management initiatives, please visit the Cyprus Ministry of Finance.

Cyprus Expects More French Visitors In 2027 As Air Capacity Expands

Cyprus expects more French visitors in 2027 as airlines increase capacity between the two countries, Tourism Deputy Minister Kostas Koumis said after meetings with tour operators in Paris.

France, one of Cyprus’ key tourism markets, has had a difficult 2026. French arrivals fell 46% year over year to 8,453 in August, from 15,663 a year earlier, according to the Statistical Service of Cyprus (Cystat). August arrivals were also nearly 50% below the 16,798 recorded in the same month of 2024.

Overall, Cyprus received 2.82 million tourist arrivals between January and August, down 7% from the same period in 2025.

Air Connectivity Supports 2027 Outlook

Koumis discussed the 2027 outlook with senior executives from tour operators offering Cyprus holidays during the IFTM Top Resa travel trade fair in Paris.

Higher air capacity between France and Cyprus was a key focus of the talks. Participants also discussed the impact of geopolitical tensions in the Middle East on the French market and Cyprus’ efforts to adapt its tourism offering to French travelers.

“The French market is undoubtedly an extremely important market for our country’s tourism,” Koumis said, adding that France had regained importance only a few years ago and still had room to grow.

Improved air connectivity will be an important factor in that expansion, according to Koumis. “It is now clear that air connectivity between France and Cyprus is improving significantly, which is a basic prerequisite for the further growth of the market,” he said.

Cyprus Promotes Tourism And Regional Cooperation

Koumis attended the opening of IFTM Top Resa at the invitation of French Tourism Minister Serge Papin, who later visited the Cyprus stand. Held from Sept. 15 to 17 at Paris Porte de Versailles, the event brought together more than 32,000 tourism professionals representing 177 destinations and 1,650 brands, according to organizers.

During his visit, Koumis also met Egyptian Tourism Minister Sherif Fathy. Cyprus and Egypt reaffirmed their tourism cooperation and discussed opportunities to strengthen ties further.

French media interviews covered Cyprus’ tourism offering, infrastructure and services, along with efforts to develop specialized tourism products. Regional instability weighed on arrivals in 2026, particularly during the spring, although the decline narrowed over the summer.

Aretilaw firm
Uol
eCredo
The Future Forbes Realty Global Properties

Become a Speaker

Become a Speaker

Become a Partner

Subscribe for our weekly newsletter