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Underspend and taxes push primary balance up to Aug 3.77 bln above target
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DBRS leaves credit rating of 'BBB' and stable outlook unchanged
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Credit to corporations contracts in July, bringing total loans down 1.27 bln MoM
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Greece digests EU-US trade deal amid mixed reaction
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Jump in corporate deposits takes balance to highest since Jan 2011
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Car registrations rise by 13.5 pct YoY in May to highest since 2010
PDMA taps markets for first time this year via modest bond reopening
Greece’s debt managers have tapped the markets for the first time this year, with the reopening of a 5-year issue that matures in June 2028, which had an initial issue yield of 3.875 pct.
Auctions of reopenings were used extensively by the Public Debt Management Agency (PDMA) last year, with the first such move taking place in April last year, when a 10-year issue was reopened asking for 300 million euros. The transaction attracted signi...
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