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4 years ago
EURO GOVT-Cypriot yields rise as parliament votes on bailout deal
March 18, 2013 / 9:26 AM / 4 years ago

EURO GOVT-Cypriot yields rise as parliament votes on bailout deal

1 Min Read

LONDON, March 18 (Reuters) - Cypriot government bond yields jumped on Monday before its fractious parliament voted on a controversial euro zone bailout deal that included a levy on bank deposits.

The June 2013 yields more than doubled on the day to almost 70 percent, with the price on the bonds falling by 6 cents in the euro to 88 cents in the euro. The 2020 bond yields rose 2 percentage points to 10.4 percent.

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