Cyprus wants to borrow money. It will sell a new bond. The bond is in euros. It will be ready in 2036. The country wants money for many years. This shows Cyprus is trusted. The sale will start soon.
Big banks will help. Barclays and J.P. Morgan are helping. Morgan Stanley and Société Générale also help. Bank of Cyprus will help too. This is part of a plan. Many people can buy the bonds.
This is not just about money. It shows Cyprus's economy is good. The country feels strong. Ratings are good. Moody's says A3. S&P and Fitch say A-. DBRS says A. This is good for investors.
Cyprus wants to borrow for ten years. This helps with money plans. The country wants to find more money. It hopes for good interest rates. This sale will show investors like Cyprus. Good banks show a good plan.