Nicosia, Cyprus. The Cyprus Stock Exchange on Tuesday said it will keep a special financial marking on the bonds of Cyprus Development Bank Public Company Limited after the publication of the lender’s financial statements.
The securities are listed on the emerging companies market, the non-regulated segment of the local stock exchange.
Reason for the decision
The exchange said the decision followed the submission and public disclosure of the company’s annual financial report for the 12-month period ended December 31, 2025. It said the bonds will continue to carry a special capital letter S on all trading boards and official price bulletins.
According to the CSE, the measure stems from an emphasis of matter paragraph included by independent auditors in their report on the banking group’s financial position for the year ended December 31, 2025.
An emphasis of matter paragraph is a section in an independent auditor’s report that draws attention to an issue already disclosed in the financial statements and considered important to understanding the accounts.
Removal of the marking
The CSE said it will remove the special S marking from the trading boards and price sheets once the conditions that led to it have been fully resolved.