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Greek 30-year bond attracts strong demand at attractive yield

Leveraging the positive sentiment following the ECB announcement last week that it would pick up the pace on bond purchases, thereby settling the latest sovereign bond markets jitters, Greece issued an ultra-long 30-year benchmark, its longest issue since January 2007.
There was talk at the end of last year that Greece would issue a very long maturity bond as part of its funding strategy in 2021, however the PDMA opted for a more conservative 10-year benchmark at the end of January.
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