High participation in bond swap provides end of year boost

PBO draws attention to effects of climate crisis on public finances 28/09/2023 - 16:25
Moody's ups GGB rating by two notches, on par with S&P and Fitch 18/09/2023 - 10:30
Return to investment grade overshadowed by flood destruction 11/09/2023 - 11:12
Scope Ratings second to give Greece investment grade as attention turns to key players from Sep 07/08/2023 - 10:38
New 15-yr issuance and bond switch smooth maturity profile further, although at steep yield 12/07/2023 - 09:07
Bond re-opening with 4 pct yield completes debt strategy for year 22/06/2023 - 10:35

High participation in bond swap provides end of year boost

Economy 15/12/2021 - 09:25 Tags: Debt, Markets

The Public Debt Management Agency (PDMA) announced on Tuesday the preliminary results of the bond swap offer that it announced last week, giving Greece’s debt managers one more confidence boost this year.

Last Monday, the PDMA announced an invitation to bondholders of certain GGBs that mature between 2023 and 2042 to be exchanged with four benchmark notes that mature in 2027, 2033, 2037 and 2042 as part of a liability exercise.

You need a subscription to access our analysis. Please choose one of the packages available.

If you are already registered, please sign in.

Full Access

A tailor-made service for professionals

Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.

Free Access

Read some of our analysis for no charge

By signing up to MacroPolis, readers will be able to read two of our articles without charge each month. They will not have access to our data or weekly e-newsletter.

Standard Access

Our analysis and data at your fingertips

Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.

€500.00

Free Mobile Apps

Update to the latest version of the MacroPolis Apps. Access all of our daily analysis, as well as our weekly e-newsletters, at your fingertips.

Tweets by @MacroPolis_gr

You have to in order to view this content.

Most Popular

Kasselakis completes stunning victory, taking SYRIZA into uncharted territory 25/09/2023 - 10:37
Kasselakis names core backers for key party posts amid questions over party unity 26/09/2023 - 14:30
Government faces new storm test as Kasselakis sweeps through SYRIZA 27/09/2023 - 11:55
Government paves way for major U-turn on migration as opposition warns of interference in regulators 28/09/2023 - 14:48
Mitsotakis-Erdogan talks rubber stamp roadmap, allowing next steps 25/09/2023 - 09:10

Outsider Kasselakis on track to lead SYRIZA after securing key backers 19/09/2023 - 14:02
Storm fallout sweeps PM to crucial juncture early in second term 11/09/2023 - 11:47
Storm impact and ferry death engulf political agenda 06/09/2023 - 12:09
Kasselakis completes stunning victory, taking SYRIZA into uncharted territory 25/09/2023 - 10:37

Mitsotakis eyes majority in second vote as SYRIZA reels from crushing defeat 22/05/2023 - 10:54
PM forced to adjust line over deadly train crash amid public anger 06/03/2023 - 09:45
Mitsotakis sets May 21 election date, eyes opposition MPs as potential allies 28/03/2023 - 12:02
Politicians have commissioned, and largely ignored, multiple reports on wildfires 09/08/2021 - 13:13
Tsipras pitches SYRIZA election manifesto as basis for progressive coalition 04/05/2023 - 13:28

Budget overperformance in Aug fuelled by VAT and income tax, spending significantly contained 26/09/2023 - 10:03
Mixed picture for deposits continues in Aug with rise of just 190 mln 27/09/2023 - 13:39
Positive sentiment around banks continues to grow 21/09/2023 - 10:41
PBO draws attention to effects of climate crisis on public finances 28/09/2023 - 16:25
Credit net flows remain negative in Aug, growth at just 0.9 pct YoY 27/09/2023 - 13:29

Return to investment grade overshadowed by flood destruction 11/09/2023 - 11:12
GDP grows by 1.3 pct QoQ in Q2, in line with growth estimates of 2+ pct for year 06/09/2023 - 13:06
Moody's ups GGB rating by two notches, on par with S&P and Fitch 18/09/2023 - 10:30
Economic sentiment improves marginally in Aug, consumer confidence takes 7-point tumble 30/08/2023 - 13:12
Budget overperformance in Aug fuelled by VAT and income tax, spending significantly contained 26/09/2023 - 10:03

Tracing the decline of the middle class as parties vie for its votes 02/07/2019 - 15:54
Record FDI flow into Greece raises bar, but is it sustainable? 23/11/2022 - 10:58
Consumer scorecard finds Greeks struggling most in EU with cost of living crisis 29/03/2023 - 11:09
Moody's keeps Greece three notches from investment grade, improves outlook on back of growth potential 20/03/2023 - 10:44
Another crisis chapter closes, triggering final round of debt relief measures 06/12/2022 - 11:50