Greece to borrow 3bn euros at 3.5% from markets
Greece will borrow 3 billion euros at a 7-year 3.5% yield after the offer book closed with bids close to 7 billion euros.
Top sources in the Greek Finance Ministry expressed their satisfaction over the outcome of the offer.
Their satisfaction with the outcome of the offer book was the highest source of the Treasury.
Following his meeting with European Commissioner for Economic and Financial Affairs Pierre Moscovici, Greek Finance Minister Euclid Tsakalotos said: “We proved today after going to the markets that not only can we raise money, but we can do it under conditions that are not ideal” explaining that there was widespread turmoil in international markets over the past few days.
You may be interested
Previous Next French President Macron addresses nation on yellow vest protestsPanos - Dec 11, 2018
French President Emmanuel Macron on Monday pledged to cut taxes for pensioners and raise the minimum wage in January but…
Greek state’s arrears to private sector again up in Oct. 2018; total reaches 2.61 bln€Panos - Dec 11, 2018
The state's arrears to the private sector increased in October 2018 - the last month for which figures are available…
Tsipras claims Greece promotes stability in region via Prespes Agreement with FYROMPanos - Dec 11, 2018
Pro-FYROM Rainbow party calls for Greece to introduce “Macedonian” language in public schools Commenting on the Prespes Agreement between Greece…