Cyprus says bond issue a step towards "systematic" return to markets

NICOSIA, June 18 Wed Jun 18, 2014 11:57am EDT

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NICOSIA, June 18 (Reuters) - Cyprus's 750 million-euro bond issue on Wednesday was a decisive step towards a "systematic" return to international markets after a three-year exclusion, its finance minister said.

"This issue means that we will be able to refinance a significant part of the present domestic debt and achieving a lower debt re-servicing cost," Harris Greorgiades told reporters. (Reporting by Michele Kambas; Editing by Robin Pomeroy)

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