Investment grade boost visible in strong demand for Greek assets
Labour database shows 8 in 10 workers earn less than 1,200 per month
Investment grade rewards evident in first bond issuance of 2024, attracting record demand
PDMA taps markets for first time this year via modest bond reopening
Greece aims to replicate last year's successful debt strategy in 2024
Benefits of investment grade starting to become visible
PDMA sets 2020 goals to build on improving conditions for debt
Greece’s Public Debt Management Agency (PDMA) issued on Tuesday its funding strategy for 2020 after taking stock of the achievements during 2019 and the characteristics of Greek sovereign debt, which breed confidence for the year ahead.
The PDMA outlines that it completed four market transactions in 2019 for a total amount of 9 billion euros, in 5-, 7-, 10-year issues and a tap through the reopening of a 10-year bond. These initiatives had a combined order book of 43 billion euros in u...
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