Cyprus

A eurozone periphery sovereign is set to meet investors before a possible euro syndication, as a pair of countries from the region unveiled their funding plans for the rest of the year.

Cyprus slashed nearly 15% from its three month borrowing costs at an auction on Friday. Meanwhile, Greece announced plans for a sale of six month paper.

Gunvor Group started a buyback offer on its dollar bonds this week, prompted by a $1.7bn profit it made from selling Russian assets.