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Despite strains, manufacturing remains in growth as Nov PMI reaches 50.9 pts
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Falling energy costs drive down producer prices by 13.5 pct in Oct
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Retail sales rise by 3.3 pct in Sep, but falling volume reflects challenges
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Unemployment rate drops below 10 pct in Oct for first time since Sep 2009
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Economic sentiment stable in Nov, consumer confidence slides further
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Credit growth at 2.1 pct in Oct, but flow negative by 856 mln
Inaugural 2023 bond attracts strong demand and steep interest
Greece had its inaugural bond issue for 2023 on Tuesday with a 10-year benchmark that covered half of the country’s debt strategy for the year thanks to the high demand.
The Public Debt Management Agency (PDMA) drew 3.5 billion euros for a June 2023 maturity bond, with a re-offer yield of 4.279 pct and a coupon of 4.25 pct, which is 165 basis over euro mid-swaps. The spread was 220.5 basis points over the German DBR tha...
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