Bank of Cyprus Public Company Ltd. (BOC) announced that it has decided to redeem the EUR 275 mln step-up floating rate subordinated bonds 2006/2011 at their principal amount plus accrued interest on 20 June 2006. If the Bank had not redeemed the bonds, then the coupon of the Bonds steps-up from Euribor plus 120 basis

Lumiere TV revised its proposed public offer for Multichoice (Cyprus) Public Ltd. (MCC) and is now seeking a minimum of 25% o MCC’s share capital from 40% previously while at the same time seeking for the maximum 100% of MCC’s issued share capital. The revised period of approval was extended by one week, ending 5

The euro recovered strongly from the 1.2695 double bottom level and easily climbed above 1.2840 implying that there is a good potential to test near term res. at 1.2920, according to Financial Mirror analysis. A sustained break above here suggests that the recent corrective pullback is complete and that the up trend will be extended

BOC went through support lines without a stop and is now approaching major support at 3.76, a previous low and the level at which the 90-day moving average is sitting, chart analysis by Financial Mirror shows. The last time BOC approached its 90-day was in November 2005 when on 25 & 30, the 90-day was

…CSE seen following higher Bank of Cyprus shares trading in Greece staged a spectacular rally Tuesday, in tandem with a major recovery witnessed on most European markets, ASE included, which will hopefully pull the CSE higher when trading starts on Wednesday. BOC shares, which in intra-day trading had dipped to a low of EUR 6.10

The Statistical Service announced that the number of building permits authorised by the municipal authorities and the district administration offices during February 2006 stood at 853. The total value of these permits reached CYP 111,9 mln and the total area 265,800 square metres. These building permits provide for the construction of 1.481 dwelling units. During