High participation rate helps bond swap tick box

Economy Tags: Debt, Markets
Photo by Panayotis Tzamaros/Fosphotos
Photo by Panayotis Tzamaros/Fosphotos

Greece’s Public Debt Management Agency (PDMA) announced on Wednesday that is on the verge of completing successfully the debt management exercise that it initiated on November 15.

Greece had invited the holders of the bonds that were exchanged as part of the PSI in 2012 and consisted of a series of 20 issues that matured between 2023 and 2042, to exchange them with five new benchmark issues that will mature on January 30, 2023 an...

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