Re-opening of benchmark bond fetches 200 mln at steep yield of 4.44 pct

Economy Tags: Debt, Markets
Photo byPanayotis Tzamaros/Fosphotos
Photo byPanayotis Tzamaros/Fosphotos

The moderate movements of Greece’s debt managers to navigate through the sovereign debt turbulence continued on Monday with the re-opening of the 10-year benchmark that was initially issued in January.

This is the approach that the Public Debt Management Agency (PDMA) has been following in the second part of 2022 following the rise in yields. The most recent re-opening took place last month. It concerned a 5-year bond, which drew 975 million euros out...

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