-
Sentiment edges up by 1.4 pts in Jan, consumer confidence unchanged
-
Greece moves step closer to investment grade as Fitch ups rating by one notch to 'BB+'
-
Rise in import prices slow further to 15.7 pct YoY in Nov
-
Deposit outflow at 550 mln in Oct, led by a decline in corporates
-
Re-opening of benchmark bond fetches 200 mln at steep yield of 4.44 pct
-
In another cautious move, PDMA fetches 975 mln for 5 yrs at variable rate
Greece prepares for a 3-year benchmark bond issue
![Photo by Can Esenbel [http://www.mundanepleasure.com/] Photo by Can Esenbel [http://www.mundanepleasure.com/]](resources/toolip/img-thumb/2013/10/16/stocks2_economy_esenbel-large.jpg)
The Greek Finance Ministry confirmed on Wednesday that it has mandated international banks for a forthcoming 3-year benchmark bond issue under English law. According to the announcement, the transaction is expected to be launched and priced in the near future subject to market conditions.
Press reports earlier today indicated that the amount of the issue would reach 2.5 – 3 billion euros with the yield expected at 3 – 3.5 percent.
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