Athens set to profit from falling borrowing costs as yields drop ahead of review completion

EconomyFeatures Tags: Debt, Markets
Photo by Panayotis Tzamaros/Fosphotos
Photo by Panayotis Tzamaros/Fosphotos

Greek borrowing costs have dropped significantly as the country nears the completion of what is meant to be its final adjustment programme.

This was followed by Greeceā€™s most significant debt exercise in years when it announced it was inviting holders of bonds that were exchanged as part of the Private Sector Involvement (PSI) in March 2012 to swap them with five new securities that mature ...

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