PDMA highlights improving debt profile, targets 8-12 bln in new issues for 2021
BoG insists on need for bad bank, sees EU funds boosting recovery from 2021
Moody's upgrades Greece to 'Ba3' on back of reforms, warns of tricky period ahead
PMI rises to 50 points in September, signalling stabilisation
BoG sees 7.5 pct recession, EU funds boosting GDP by 1.9 pct annually
Greece draws strong interest, attractive yield by re-opening 10-year bond
Why did Greece return to bond markets now? Was it the right decision?
Greece made what many commentators regarded as a spectacular comeback to international bond markets this week after four years in “exile,” as Prime Minister Antonis Samaras described it.
The placement of the 3-billion-euro, 5-year bond in a syndicated sale was declared a success. It was heavily oversubscribed and the yield of 4.95 percent was notably lower than had been expected even a few days earlier.
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