Fitch leaves rating unchanged, notes recovery potential and tricky fiscal balance
New government sets sights on sustainable and wide-reaching tourism industry
Falling T-bill yields underline market confidence in Greek debt, promise lower servicing costs
Bonds enjoy great buoyancy but remain some distance from investment grade
Strong investor demand for 7-year bond, yield settles at record low of 1.9 pct
Talks to begin on plan to rescue PPC from dire financial straits
Details of bond issue give Athens boost in bid to establish market access
Greece’s Public Debt Management Agency (PDMA) issued on Friday night the details of the first bond issuance since the country exited its third adjustment programme in August 2018.
Greece raised 2.5 billion euros via a 5-year bond with a coupon of 3.45 percent that was priced at 99.314 and a yield of 3.6 percent. The new issue matures on April 2, 2024
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