Greek govt thoroughly pleased with Tues. bond issue results
Greek government sources on Tuesday referred to an “absolute success” and a confirmation of the positive course of the Greek economy, immediately after a five-year bond issue offering concluded with a yield of 4.625 percent.
Using the preferred “non paper” mode, the government reminded that the previous two market exits, in April 2014, were crowned with higher yields, 4.75 percent and 4.95 percent, respectively.
In echoing the official government position over recent days, Athens said the development points to a step-by-step exit from the economic crisis and memorandums.
The statement also cited more than 200 official offers for the new paper, worth 6.5 billion euros, saying the majority were “real investors” and not speculation funds.
The Greek state drained three billion euros from the markets.
You may be interested
Coronavirus Greece: 2,845 new cases, 165 intubated, 12 deathsmakis - Jul 30, 2021
Greek authorities announced that the new laboratory-confirmed cases of coronavirus recorded in the last 24 hours are 2,845, of which…
Coronavirus Greece: 2,696 new cases, 157 intubated, 9 deathsmakis - Jul 29, 2021
Greek authorities announced today that the new laboratory-confirmed cases of coronavirus recorded in the last 24 hours are 2,696, of…
Greek real estate market still strong despite Covid-19 pandemic, report showsPanos - Jul 29, 2021
The Greek real estate market is demonstrating resilience in 2020 despite the fact that the pandemic had an overall negative impact on the…