Athens prepares for bond issue, eurozone works on growth/debt mechanism

EconomyProgramme Tags: Debt, ESM, IMF, Markets

An imminent bond issue by the Greek government is set to attract the immediate attention of local and international observers but discussions are continuing in the background regarding the method of the country’s exit from the third programme and what will follow.

An unnamed government official told Reuters on Monday that Athens plans to issue a 7-year bond in the next two weeks with the aim of raising 3 billion euros from investors. It is believed that the Public Debt Management Agency (PDMA) is targeting a yiel...

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