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
Weekend escapes near Athens!Panos - Jun 25, 2019
Chalkida: the town of “mad waters” There is a reference point, a place of attraction for Athenians and people from…
Working long hours increases risk of stroke by 45 percent, new study saysPanos - Jun 25, 2019
The average American works about 47 to 50 hours per week. Everyone needs to make ends meet, but at what…
Feeding the Gods: Hundreds of skulls reveal massive scale of human sacrifice in Aztec capitalPanos - Jun 25, 2019
The priest quickly sliced into the captive’s torso and removed his still-beating heart. That sacrifice, one among thousands performed in…