Greece secures 2.5 billion euros for 5-year-bond

29 January 2019
657 Views

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

PM Mitsotakis cites Greek Constitution to back mandatory vaccinations
GREECE
shares20 views
GREECE
shares20 views

PM Mitsotakis cites Greek Constitution to back mandatory vaccinations

makis - Jul 23, 2021

Prime Minister Kyriakos Mitsotakis cited the Greek Constitution in response to those opposing mandatory Covid-19 vaccination during his meeting with…

Who Has Spent The Most Time In Space? (infographic)
WORLD
shares31 views
WORLD
shares31 views

Who Has Spent The Most Time In Space? (infographic)

Panos - Jul 22, 2021

As Russia celebrates 60 years since Yuri Gagain became the first person to orbit the Earth, the state of space travel looks…

What Do Americans Think Of Famous Billionaires? (infographic)
FINANCE
shares34 views
FINANCE
shares34 views

What Do Americans Think Of Famous Billionaires? (infographic)

Panos - Jul 22, 2021

Hot on the heels of fellow billionaire Richard Branson, Amazon founder Jeff Bezos is set to blast into space. He…

Leave a Comment

Your email address will not be published.