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First bond of 2022 attracts fewer offers, more than double last year's yield at 1.83 pct
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Fitch improves outlook to positive, sees investment grade hinging on fiscal performance and banks
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PDMA's debt strategy for 2022 includes green bond in 12 bln haul
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PBO outlines positives from 2021, warns about uncertainty in 2022
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High participation in bond swap provides end of year boost
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Greek bond yields edge up as PEPP winds down
Moody's downgrades Greek bond rating, sees chances of accident rising
Moody’s downgraded late on Wednesday Greece’s government bond rating by one notch to Caa2 from Caa1, concluding the review for downgrade that commenced on February 6. At the same time the outlook on the rating is negative.
This is the third downgrade over the past four weeks following that of Fitch by three notches to ‘CCC’ on March 27 and of S&P by one notch to ‘CCC+/C’ on April 15. Moody’s current rating is equivalent to ‘CCC’ under the rating scale of the other two rat...
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