Greece secures 2.5 billion euros for 5-year-bond

29 January 2019

Greece managed to secure a 2.5 billion euros loan on a 5-year state bond it issued at an interest rate of 3.6%. Greece had exited the markets to test the waters after the bailout programme linked to fiscal and structural reforms recently ended.

The tender offers closed for the five-year bond with Greece raising 2.5 billion euros at a 3.6 percent interest rate that exceeds the government’s 3.5 percent limit.

The fixed interest rate of the bond (annual coupon) stood at 3.45%. The bids submitted exceeded almost 4 times the requested amount, exceeding 10 billion.

You may be interested

shares14 views

JOKER results: 18/08/2019

Panos - Aug 18, 2019

The winning numbers from the JOKER draw are as follows:

shares38 views

Lotto results: 17/08/2019

Panos - Aug 17, 2019

The winning numbers from the Lotto draw are as follows:

KAS to meet in bid to change rules on Elliniko project
shares53 views
shares53 views

KAS to meet in bid to change rules on Elliniko project

makis - Aug 16, 2019

The Central Archaeological Council (KAS), Greece’s top advisory body on the protection of antiquities, which has quite a few new…

Leave a Comment

Your email address will not be published.