Economics
Cyprus Is Said to Consider Early Repayment of Russian Loan
- Credit dates back to when country had limited market access
- Record low yields on ten-year bond may prompt repayment now
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Cyprus is weighing an early repayment for part of a 2.5 billion-euro ($2.8 billion) Russian loan that dates back to the low point of the financial crisis, two government officials said, after yields on the country’s 10-year debt hit a record low last week.