-
Low-productivity economy a legacy of adjustment without transformation
-
BoG cautiously optimistic on economy and banking sector
-
S&P leaves Greece's 'BBB' rating unchanged, hints at slower pace of upgrades
-
Housing costs, food prices set limits to impact of tax cuts
-
Moody's keeps rating unchanged at 'Baa3' - outlook stable
-
Underspend and taxes push primary balance up to Aug 3.77 bln above target
Strong demand for 30-year benchmark bond, yield of 4.24 pct double 2021 rate
Greece’s debt managers leveraged the positive sentiment after S&P’s revision of the outlook for Greek Government Bonds (GGB) to positive last Friday and issued a new 30-year bond on Wednesday, the longest maturity since the same issuance in early 2021.
Greece drew 3 billion euros with a yield of 4.24 pct and a spread of almost 152 basis points over bunds. The coupon was set at 4.125 pct and the re-offer price was 98.06 cents.
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