savingsbonds.mof.gov.cy Savings Bonds Checker Cyprus : Ministry of Finance
Organization : Ministry of Finance
Facility : Savings Bonds Checker
Country : Cyprus
Website : http://www.savingsbonds.mof.gov.cy/bondsen.aspx
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Savings Bonds Checker :
Please enter the following details,
1. Category
Related : Procedure for Filing e-Return Cyprus Tax Department : www.statusin.org/29677.html
2. Series
3. Number
4. Click on the Check button
Savings Certificates :
In the past, Savings Certificates were issued in values of multiples of €1 and were exclusively sold to individuals. The issuance of Savings Certificates has been suspended since the end of 2007.
Interest from investments in Savings Certificates is compounded annually and is paid only on the encashment of the investment. Encashment prior to maturity may be effected at prices that reflect the overall length of the investment period. Matured Savings Certificates which have not been encashed continue to earn interest according to the relevant Announcements issued by the Minister of Finance.
Retail Bond General Terms :
The Registry of Holders is maintained by the Cyprus Stock Exchange. The government bonds for natural persons are not listed for trading at the Stock Exchange.
1. Series Issuance :
** The issuance of each series of six year government bonds for natural persons through private placement will be executed on the first working day of each month. The maximum amount of each series and the terms that will bind each specific issue will be announced in the Specific Terms of issuance by the Public Debt Management Office.
2. Submission and assessment of applications :
Applications can be submitted only by natural persons. Interested investors may submit the relevant application in the following ways :
(i) In person at the Cyprus Stock Exchange at the specially designated counters on the ground floor,
(ii) By mail. The relevant document can be sent to the following address: Cyprus Stock Exchange, Lord Byron Avenue 71-73, 1096 P.O. Box 25427, Nicosia
** Applications by two or more individuals that desire the joint ownership of government bonds must be signed by all applicants.
** Depending on the manner of submission of the application the Stock Exchange will send the relevant receipt of delivery of the application and at a later stage will inform the investor for the success or failure of the application.
2.1 Applications will be accepted during the period specified in the Specific Terms of issuance of each series.
2.2 The applications will be submitted for a minimum amount of €1.000 and beyond this minimum amount for multiples of €100. It is understood that the Head of the Debt Management Office has the authority to set a maximum limit per investor application per series of bonds.Every applicant must state the nominal value of the bonds for which he/she applies. The bonds will be allocated at their nominal values.
2.3 Applications can be submitted only for own account or on behalf of a minor. It is noted that in the case of a minor any cash flows resulting from the investment must be credited to a banking account in the name of the minor except if there is a different arrangement by Court Order.
About Us :
“The Ministry’s mission is to ensure conditions of macroeconomic stability and the sound management of resources and of the financial obligations of the State, in order to improve the quality of life of every citizen of the Republic.”
The Ministry of Finance aims at contributing to the creation of a robust, effective and accommodating State and through conditions of economic growth to promote social justice by improving the standards of living for all citizens.
“Our vision for our organization is to become excellent and to play an important role in promoting a competitive economy based on its comparative advantages.”
Our vision reflects our key strategic objectives, which in the medium term seek to improve the competitiveness of the economy, by utilizing efficiently its most valuable production factor, its human resources.
Contact Us :
Ministry of Finance
Michael Karaoli & Gregori Afxentiou
1439 Nicosia
Cyprus