-
Moody's leaves Greece's rating unchanged, one notch from investment grade
-
Investment grade boost visible in strong demand for Greek assets
-
Labour database shows 8 in 10 workers earn less than 1,200 per month
-
Investment grade rewards evident in first bond issuance of 2024, attracting record demand
-
PDMA taps markets for first time this year via modest bond reopening
-
Greece aims to replicate last year's successful debt strategy in 2024
Reopening of 10-year bond issued in Jan sees yield double to 3.67 pct
Greece’s debt managers continue to take cautious steps in the sovereign bond market after having to readjust their borrowing strategy following the uncertainty caused by the Ukraine conflict and the turbulence in the markets, which pushed the 10-year benchmark yield to 4.8 pct at the end of last month.
The Public Debt Management Agency (PDMA) re-opened on Monday, for an amount of 500 million euros, the 10-year benchmark that was issued in January and had drawn 3 billion euros with a coupon of 1.75 pct.
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