Yields rise, but Greek debt still partly shielded from market headwinds
Travel receipts reach 8.55 bln up to July, balance of 7.71 bln beats 2019 record
Moody's, DBRS keep ratings unchanged, leave no doubt that fiscal prudence is key for next moves
Finance Ministry costs new support package, but questions remain over electricity subsidies
Industrial production grows by 7 pct in Jul, as manufacturing records monthly drop
Hiring balance slows in June as job market returns to normal levels
Falling T-bill yields underline market confidence in Greek debt, promise lower servicing costs
The positive mood in Greece’s public debt market is showing no signs of letting up and was again reflected in the auction of 26-week T-bills that took place on Wednesday.
Greece’s Public Debt Management Agency (PDMA) auctioned 625 million euros and was offered more than 1.5 billion, including 221 million of non-competive bids, covering the issue by 2.51 times.
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