Investment grade boost visible in strong demand for Greek assets
Labour database shows 8 in 10 workers earn less than 1,200 per month
Investment grade rewards evident in first bond issuance of 2024, attracting record demand
PDMA taps markets for first time this year via modest bond reopening
Greece aims to replicate last year's successful debt strategy in 2024
Benefits of investment grade starting to become visible
Greek public debt at 321.7 bln in Q3, average weighted maturity at 16.5 years
Greece’s central government debt fell by 0.2 percent to 321.7 billion euros in the third quarter (Q3) of 2014 from 322.4 billion in Q2, according to the Finance Ministry’s debt bulletin.
The quarterly evolution reflects net decreases in long-term bonds issued domestically (by 1.43 billion) and T-Bills (by 1.65 billion) more than offsetting net increases in repos (by 2.36 billion) and Financial Support Mechanism (FSM) loans (by 414 milli...
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