Cyprus government bonds
Cyprus's bonds as US funds mark them in their filings (SEC Form N-PORT), by currency. Fund marks as of Jul 2026; they lag the market by about two months.
By currency
| Bonds | Measured against | Count | Spread | 10-year spread | Priced-in 5y odds | 1-month change | Median yield | Held by US funds |
|---|---|---|---|---|---|---|---|---|
| EUR Euro members, euro bonds (vs German Bunds) | vs German Bunds | 8 | 29 bp | 35 bp | 2.4% | -8 bp | 3.49% | $49.2M |
Priced-in odds = spread ÷ (1 − 40% recovery) over five years; it includes a risk premium and overstates actual defaults. Own-currency bonds get a yield and no odds: a government can print its own currency.
EUR spread history
Median spread vs German Bunds, month-ends with complete filings. Fund-reported.
Cyprus's EUR curve
Yield to maturity of each EUR bond US funds hold (8 bonds, government and government-related issuers, index-linked excluded), Jul 2026 fund marks. Hover a point for the bond.
Who holds Cyprus's debt
Fund series holding Cyprus's government and government-related bonds in their latest quarterly report: 23 now, 23 a quarter earlier. Names as reported in the filings.
| Fund series | Report | Bonds | Face value | Value |
|---|---|---|---|---|
| VANGUARD CORE BOND FUND | 2026-06-30 | 2 | $60.1M | $68.4M |
| Fidelity Series International Developed Markets Bond Index Fund | 2026-06-30 | 8 | $42.5M | $44.4M |
| VANGUARD STAR CORE-PLUS BOND FUND | 2026-07-31 | 2 | $26.5M | $29.7M |
| VANGUARD CORE BOND ETF | 2026-06-30 | 2 | $15.7M | $17.8M |
| T. Rowe Price International Bond Fund (USD Hedged) | 2026-06-30 | 1 | $13.1M | $13.4M |
| Nuveen International Aggregate Bond ETF | 2026-06-30 | 9 | $10.9M | $11.7M |
| PGIM Global Total Return Fund | 2026-07-31 | 3 | $12.6M | $11.1M |
| AST PGIM Aggressive Multi-Asset Portfolio | 2026-06-30 | 1 | $5.5M | $4.8M |
| iShares Core International Aggregate Bond ETF | 2026-07-31 | 6 | $4.1M | $4.4M |
| VANGUARD CORE-PLUS BOND ETF | 2026-06-30 | 2 | $3.5M | $3.9M |
| Nuveen International Bond Fund | 2026-06-30 | 4 | $3.7M | $3.9M |
| VANGUARD GLOBAL CREDIT BOND FUND | 2026-07-31 | 2 | $2.8M | $3.2M |
| VANGUARD CORE-PLUS BOND FUND | 2026-06-30 | 2 | $2.8M | $3.2M |
| AST Balanced Asset Allocation Portfolio | 2026-06-30 | 1 | $2.9M | $2.5M |
| Six Circles Global Bond Fund | 2026-06-30 | 3 | $1.9M | $2.1M |
| T. Rowe Price International Bond Fund | 2026-06-30 | 1 | $1.7M | $1.7M |
| AST Aggressive Asset Allocation Portfolio | 2026-06-30 | 1 | $1.8M | $1.5M |
| AST Preservation Asset Allocation Portfolio | 2026-06-30 | 1 | $1.5M | $1.3M |
| State Street(R) SPDR(R) Bloomberg International Treasury Bond ETF | 2026-06-30 | 7 | $1.1M | $1.2M |
| Fidelity International Bond Index Fund | 2026-06-30 | 3 | $799K | $814K |
ETFs holding Cyprus's bonds
From each ETF's own latest N-PORT report, as a share of its net assets. A holdings list, not a recommendation.
| ETF | Report | Bonds | Value | % of net assets |
|---|---|---|---|---|
| VCRB VANGUARD CORE BOND ETF | 2026-06-30 | 2 | $17.8M | 0.24% |
| NXUS Nuveen International Aggregate Bond ETF | 2026-06-30 | 9 | $11.7M | 0.30% |
| IAGG iShares Core International Aggregate Bond ETF | 2026-07-31 | 6 | $4.4M | 0.04% |
| VPLS VANGUARD CORE-PLUS BOND ETF | 2026-06-30 | 2 | $3.9M | 0.24% |
| BWX State Street(R) SPDR(R) Bloomberg International Treasury Bond ETF | 2026-06-30 | 7 | $1.2M | 0.09% |
| BWZ State Street(R) SPDR(R) Bloomberg Short Term International Treasury Bond ETF | 2026-06-30 | 1 | $255K | 0.09% |
Sources: fund holdings and fund-reported marks from SEC Form N-PORT (published about 60 days after each month-end); 13F filings; House and Senate periodic transaction reports and OGE Form 278-T; Treasury yields from FRED. Findings from filings, not advice. How each number is computed.