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Moody's leaves Greece's rating unchanged, one notch from investment grade
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Investment grade boost visible in strong demand for Greek assets
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Labour database shows 8 in 10 workers earn less than 1,200 per month
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Investment grade rewards evident in first bond issuance of 2024, attracting record demand
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PDMA taps markets for first time this year via modest bond reopening
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Greece aims to replicate last year's successful debt strategy in 2024
Greece announces return to markets with 5-year bond, mostly targeting swap
Following days of rumours and press reports, the Greek government officially launched the process for a new bond offering on Monday afternoon.
As we have noted, Moody’s upgraded Greece’s rating by one notch to ‘Caa2’ with positive outlook on June 23, while S&P upward revised the rating outlook to positive from stable last Friday.
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