The Bank of Cyprus Public Company Ltd ("the Bank") successfully completed the issue of Euro 300 mn of Senior Debt. The issue was oversubscribed, with the total subscription amount exceeding Euro 400 mn.The Bonds were allocated to institutional investors, mainly in the United Kingdom, Greece, France, Germany and Austria. The Bonds are floating rate notes maturing in three years. The Bonds bear a coupon of three-month Euribor plus 30 basis points (0,30%) and were issued at a price of 99,942%. The Joint Lead Managers to the issue were Citigroup Global Markets Ltd, Goldman Sachs International, Merrill Lynch International and Alpha Bank (no books). DZ Bank and Mizuho Investors Securities also participated in the syndicate which was formed. The Bonds will be listed on the Luxembourg Stock Exchange. The proceeds of the issue will strengthen the Bank's liquidity in foreign currency.