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
S&P leaves Greece a notch away from investment grade as outlook blurs
Fitch leaves rating unchanged at 'BB', sees small recession and primary deficit next year
Yields rise, but Greek debt still partly shielded from market headwinds
Moody's upgrades Greek rating by two notches to Caa1 - here's why
Moody’s upgraded Greece’s government bond rating by two notches on Friday, raising it to Caa1 from Caa3, where it had been placed on November 29, 2013. The outlook on the rating is stable.
This is Greece’s second rating upgrade, following that Fitch’s decision to increase it by one notch on May 23. Moody’s had postponed its previous rating action on Greece, which was due on April 4, but upgraded Greek banks’ outlook to stable from negativ...
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