Athens waits for credit rating upgrade as 10-year yield drops to new low
ELSTAT confirms third consecutive year or fiscal surplus in 2018
Authorities aim to collect up to 11 bln after strong uptake in overdue tax scheme
Reopening of 10-year bond secures record low yield of 1.5 pct
Draft budget sets ambitious growth target of 2.8 pct in 2020, plugs fiscal gaps
Court verdict on 2016 pension reform seen having fiscal impact
Athens sets out debt management strategy for 2020, reopens 10-year bond
The draft budget submitted to Parliament on Monday gives some broad guidelines regarding Greece’s debt management strategy for next year.
At the same time, the Public Debt Management Agency (PDMA) reopened on the same day the 10-year bond issued early this year in an attempt to maximise the benefits from the record low yields that Greece has been enjoying during the second part of the year.
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