Athens says new five-year bond will be issued in ‘near future’
The Greek state on Monday, as widely expected, announced a five-year bond issue – maturing in April 2024, according to an announced by the Public Debt Management Agency.
In a relevant statement, the agency said Athens has mandated BofA Merrill Lynch, Goldman Sachs International Bank, HSBC, J.P. Morgan, Morgan Stanley and SG CIB as joint lead managers for a new euro-denominated offering.
The same announcement added that the “transaction will be launched in the near future, subject to market conditions. ICMA/FCA stabilisation rules and regulations applies.”
According to analysts in Athens, the Greek government aims at draining between two and two and a half billion euros from the market, and wants the yield to hover at between 3.5 to 3.6 percent.
You may be interested
Greek Salad with Fried Halloumi Cheese: An explosion of flavors and texturesPanos - Aug 23, 2019
Cheese lovers who haven’t tried halloumi, meet your new obsession. Halloumi is a semi-hard cheese originating in Cyprus. Made from…
The world’s tallest, and shortest countries are…Panos - Aug 23, 2019
Ever wondered which nationalities are the tallest? Or the shortest, for that matter? The interesting fact is that the top…
Central Council of Modern Monuments green lights Elliniko mixed-use projectPanos - Aug 23, 2019
A day after the unanimous decision by the Central Archaeological Council (KAS), which paved the way for the lifting of…