Greece draws another 3 bln from bond markets as debt strategy continues at pace

Economy Tags: Debt, Markets
Photo by MacroPolis
Photo by MacroPolis

Greece completed on Wednesday its third successful market foray of the year by drawing 3 billion euros through a new 5-year bond issue. 

Leveraging the positive sentiment from the unexpected credit rating upgrade by S&P and the general positive market sentiment following the announcement by the ECB in March of increased PEPP purchases, the PDMA announced on Tuesday a new 5-year benchmark...

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