Nicosia, Cyprus. The Cyprus Development Bank on Monday announced that it will proceed with the payment of interest to bondholders of its CDBB1 series. The payment covers the six-month interest period from December 23, 2025, to June 22, 2026.
Payment timetable
The final date for trading bonds with the right to participate in this interest payment is June 16, 2026.
The ex-interest date, when bonds will trade without the right to participate in the payment, is June 17, 2026.
The record date, which determines the registered bondholders eligible to receive the interest, is June 18, 2026.
The official interest payment date is scheduled for June 23, 2026.
Eligibility and rate
Investors who hold bonds through an off-exchange transfer completed by the record date will also be considered eligible for the interest payment.
The bank said the annual interest rate for the bonds is 7.125 per cent of their nominal value.
The total amount of interest payable is calculated based on the actual number of days in the interest period using a 365-day year basis.