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Central government debt at €20.74 billion in end 2019

24/02/2020 09:46

Cyprus` central government debt declined to €20,739 million in December 2019, marking a reduction of €330 million compared with end-2018, according to new data released by the Ministry of Finance Public Debt Management Office (PDMO).

The short term debt redemption for the fourth quarter of 2019 amounted to €206million, while repayment for retail securities amounted to €22million.

In December 2019 a domestic bond amounting to €750million matured. Loan amortizations amounted to €45 million, PDMO added.