First bond of 2022 attracts fewer offers, more than double last year's yield at 1.83 pct
Fitch improves outlook to positive, sees investment grade hinging on fiscal performance and banks
PDMA's debt strategy for 2022 includes green bond in 12 bln haul
PBO outlines positives from 2021, warns about uncertainty in 2022
High participation in bond swap provides end of year boost
Greek bond yields edge up as PEPP winds down
Moody's raises Greece two notches to 'B1' but highlights challenges for further upgrades
Moody’s upgraded Greece’s credit rating by two notches on Friday, taking it to ‘B1’, from ‘B3’ previously, with a stable outlook, from positive.
Contrary to expectations in September, Moody’s did not take any rating action and opted for a more cautious approach, as Greece was also amid discussions with its lenders to finalise the budget for the new year by avoiding the pre-legislated pensions cuts.
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