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Deposit outflow at 550 mln in Oct, led by a decline in corporates
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Re-opening of benchmark bond fetches 200 mln at steep yield of 4.44 pct
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In another cautious move, PDMA fetches 975 mln for 5 yrs at variable rate
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S&P leaves Greece a notch away from investment grade as outlook blurs
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Fitch leaves rating unchanged at 'BB', sees small recession and primary deficit next year
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Yields rise, but Greek debt still partly shielded from market headwinds
Notable increase in grants to social security sector leads to budget primary deficit in Nov
Greece’s budget primary surplus was confirmed at 4.34 billion euros in the 11-month period of 2015, up by 21.7 percent from the corresponding period last year, according to the Finance Ministry (MoF) final budget figures published on December 24.
Our understanding is that the government made these payments after the disbursement of the 2-billion bailout sub-tranche.
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