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Deposit outflow at 550 mln in Oct, led by a decline in corporates
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Re-opening of benchmark bond fetches 200 mln at steep yield of 4.44 pct
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In another cautious move, PDMA fetches 975 mln for 5 yrs at variable rate
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S&P leaves Greece a notch away from investment grade as outlook blurs
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Fitch leaves rating unchanged at 'BB', sees small recession and primary deficit next year
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Yields rise, but Greek debt still partly shielded from market headwinds
Fitch maintains Greek 'BB' rating with stable outlook amid some lack of visibility
As anticipated, Fitch kept its credit rating for Greece steady at ‘BB’ with a stable outlook.
Fitch last upgraded Greece by two notches in January 2020, just weeks before the pandemic hit and has not taken any action in the four reviews since.
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