-
PBO draws attention to effects of climate crisis on public finances
-
Moody's ups GGB rating by two notches, on par with S&P and Fitch
-
Return to investment grade overshadowed by flood destruction
-
Scope Ratings second to give Greece investment grade as attention turns to key players from Sep
-
New 15-yr issuance and bond switch smooth maturity profile further, although at steep yield
-
Bond re-opening with 4 pct yield completes debt strategy for year
Reopening of 7-year bond affirms tougher conditions on sovereign debt market
Amid the uncertain times of the Ukraine conflict and the inflationary pressures globally, but after Greece’s upgrade by S&P last week to one notch from investment grade and the recent prepayment of IMF loans by the government, the Public Debt Management Agency (PDMA) saw a window of opportunity to dip back into the bond market.
It triggered the reopening of the 7-year bond that was issued in April 2020, which was the first issuance after the pandemic began.
You need a subscription to access our analysis. Please choose one of the packages available.
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