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July 23, 2024

Non-performing exposures remain broadly unchanged in May

Non-performing exposures (NPEs) in the Cyprus banking system remained practically unchanged in May amounting to pound 1.77 billion from pound 1.80 billion the month, with the NPE ratio amounting to 7.4% of total loans.

Compared with the end of 2023,…

Demand drives Cypriot T-bills’ yields lower

Yields of the Cyprus domestic 13-week T-bills declined for a second consecutive month in driven downwards by increased demand.

According to data released by the Finance Ministry’s Public Debt Management Office (PDMO), in yesterday’s auction for July…