-
CPI accelerates to 2.4 pct YoY in Nov, housing costs up 3.7 pct
-
Energy leads 1.4 pct YoY drop in producer prices for Oct
-
Fitch rating upgrade concludes another successful year for GGBs
-
Scope leaves rating unchanged at 'BBB', ups outlook to positive
-
Low-productivity economy a legacy of adjustment without transformation
-
BoG cautiously optimistic on economy and banking sector
In another cautious move, PDMA fetches 975 mln for 5 yrs at variable rate
The cautious steps, which the Public Debt Management Agency (PDMA) has been taking since the summer as it attempts to navigate through a higher rates environment that have pushed up the entire yield curve, continued on Tuesday via the re-opening of a 5-year issuance.
In July, the PDMA issued a 5-year senior floating rate note, only available to the primary dealers that were the four systemic banks, in a rare variable interest rate issue with a coupon of 3M Euribor plus 123 basis points, which at the time was 1.13 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 €530 per year.
€530.00