Fitch improves outlook to positive, sees investment grade hinging on fiscal performance and banksEconomy
Fitch got the schedule of rating reviews in the new year underway with an upgrade of Greece’s outlook to positive from stable, while it reaffirmed the rating at ‘BB’.
PDMA's debt strategy for 2022 includes green bond in 12 bln haulEconomy
Greece’s debt managers (PDMA) published last week the debt strategy for next year, which will include an inaugural green bond in the second half of 2022.
High participation in bond swap provides end of year boostEconomy
The Public Debt Management Agency (PDMA) announced on Tuesday the preliminary results of the bond swap offer that it announced last week, giving Greece’s debt managers one more confidence boost this year.
Greek bond yields edge up as PEPP winds downEconomy
The Greek authorities, as well as the markets, had hoped that Greece will continue to enjoy some sort of support from the ECB once the current asset purchase programme, PEPP, concludes in March next year but this looks unlikely.
Discussion over PEPP, SGP draw attention to rising yieldsEconomyFeatures
The Greek sovereign debt market has enjoyed a buoyant period, largely thanks to the participation of the GGBs in the ECB’s emergency asset purchase of the pandemic codenamed PEPP, which pushed borrowing costs for the Greek state to historic lows.
Strong response to dual bond transaction takes 2021 debt issuance to 14 blnEconomy
Greece’s debt manager successfully completed the fifth syndicated transaction of the year through a dual transaction of the re-opening of the existing 5-year bond due February 2026 and the 30-year that was maturing in January 2052.
Greece raises another 2.5 bln with reopening of sought-after 10-yr bondEconomy
Greece completed its fourth market foray of the year by re-opening this week the 10-year bond that was issued on January 28.
Greece draws another 3 bln from bond markets as debt strategy continues at paceEconomy
Greece completed on Wednesday its third successful market foray of the year by drawing 3 billion euros through a new 5-year bond issue.
S&P upgrades Greece to 'BB' with positive outlook in expectation of post-pandemic upsideEconomy
In an unexpected move late on Friday night, S&P upgraded Greece’s rating by one notch to ‘BB’ from ‘BB-‘, while also revising upward its outlook from stable to positive.
Greek 30-year bond attracts strong demand at attractive yieldEconomy
Leveraging the positive sentiment following the ECB announcement last week that it would pick up the pace on bond purchases, thereby settling the latest sovereign bond markets jitters, Greece issued an ultra-long 30-year benchmark, its longest issue since January 2007.