Newest Greek market foray for 10-yr bond breaks two recordsEconomyMacroeconomy
Greece took its first step towards executing the debt strategy for the new year with an impressive transaction for a 10-year bond issue that ended up breaking two records in the country’s sovereign market.
Fitch keeps Greece at 'BB' rating as risks remain on horizonEconomy
As was broadly expected, on Friday night Fitch kept Greece’s credit rating and outlook unchanged, at ‘BB’ and stable.
Moody's upgrades Greece to 'Ba3' on back of reforms, warns of tricky period aheadEconomy
In an unexpected move on Friday night, Moody’s upgraded Greece’s credit rating by one notch to ‘Ba3’ from ‘B1’, while it kept the outlook stable.
Greece draws strong interest, attractive yield by re-opening 10-year bondEconomy
Greece completed on Wednesday the fourth market foray of the year by reopening the 10-year GGB that it had issued in June, after a successful syndication earlier in the summer and a strong performance in the secondary market.
Fitch keeps rating at 'BB', sees GDP contraction of 7.9 pct in 2020Economy
Fitch re-affirmed Greece’s credit rating to ‘BB’ on Friday night, maintaining the stable outlook.
Greece issues new 10 yr bond as investor appetite returnsEconomy
Greece completed its third market foray for the year by issuing a 10-year bond of 3 billion euros. The coupon was 1.5 pct and the yield settled at 1.57 pct, suggesting a re-offer price of 99.375. The spread was close to 188 basis points.
S&P keeps Greece at 'BB-' but revises outlook to stable on Covid-19 concernsEconomy
In its regular rating cycle, S&P re-affirmed Greece’s credit score to ‘BB-‘, while it revised the outlook from positive to stable.
Fitch keeps Greece at 'BB' but revises outlook to stable with eye on Covid-19 impactEconomy
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.
Greece clinches attractive yield for 7-year bond amid testing conditions, diminished interestEconomy
Greece completed on Wednesday its first transaction to boost its cash reserves amidst the pandemic crisis by issuing a 7-year bond that raised 2 billion euros.
Greece heads back to markets with 7-year bond in bid to boost own fundsEconomy
Greece wants to signal to international markets that despite the heavy toll the pandemic is expected to inflict on the Greek economy, it can move ahead with its debt strategy.