Deposit outflow at 550 mln in Oct, led by a decline in corporates
Re-opening of benchmark bond fetches 200 mln at steep yield of 4.44 pct
In another cautious move, PDMA fetches 975 mln for 5 yrs at variable rate
S&P leaves Greece a notch away from investment grade as outlook blurs
Fitch leaves rating unchanged at 'BB', sees small recession and primary deficit next year
Yields rise, but Greek debt still partly shielded from market headwinds
Fitch keeps Greece at 'BB' but revises outlook to stable with eye on Covid-19 impact
Fitch published on Thursday night a rating review for Greece outside its regular schedule in which the outlook for the country was revised from positive to stable, re-affirming the rating of ‘BB’ that it had granted in the end of January this year, two notches away from investment grade.
Fitch noted that according to EU credit rating agency regulations, the agencies are only allowed to deviate from their regular published framework in cases where they have to comply with their legal obligations and in this event there is a material chan...
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