Bloomberg on Greek bond sale
Two thirds of a Greek five-year bond floated on Tuesday has ended up with fund managers, Bloomberg reported on Wednesday, with hedge funds ending up with 11 percent.
The international financial news agency also noted that major state bond buyers are again interested in picking up Greek debt, something that will assist the country in reducing its borrowing costs.
A later Bloomberg dispatch noted that “Greek Bonds … After almost a year in the wilderness, Greece rode the wave of benign market conditions to sell 5-year bonds at a hefty 3.6 percent yield. It’s still the only country in the euro area for which a bond sale makes big news.”
You may be interested
Central bank seeks clarifications from Attica Bank over minister’s 100K loanPanos - Feb 19, 2019
Two top Attica Bank executives - its deputy CEO and managing director - met urgently on Monday with Bank of…
Many worldwide oppose more migrationPanos - Feb 19, 2019
As the number of international migrants reaches new highs, people around the world show little appetite for more migration –…
Four bodies recovered in car swept away by flood waters in Crete on Sun.Panos - Feb 19, 2019
The bodies of four people, missing after the car they were riding in was swept away in a flash flood…