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10.01.2013 21:56:00
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Cyprus, Government of -- Moody's downgrades Cyprus's government bond ratings to Caa3 from B3; negative outlook
London, 10 January 2013 -- Moody's Investors Service has today downgraded Cyprus's government bond rating to Caa3 from B3, and the outlook on the rating is negative. The rating action concludes the review for possible downgrade initiated on 16 November 2012. Cyprus's short-term government bond rating of Not Prime has been affirmed.
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