Greece launches bookbuilding process for the reopening of 10-year bond issue
A bookbuilding process for the reopening of a 10-year Greek state bond issued in March 2019 opened on Tuesday with the initial pricing of the bond seting at 1.55 pct, an all-time low in the history of borrowing costs for the Greek state.
Greece decided to return to international capital markets on Tuesday, taking advantage of the very favourable climate prevailing in international capital markets for Greek securities. The Public Debt Management Authority commissioned BNP Paribas, Citi, Goldman Sachs, HSBC and JP Morgan to reopen an existing 10-year bond issue maturing in March 2029. The bond yields 1.385 pct in the domestic electronic secondary bond market.
You may be interested
EU teleconference Summit: Concerns over Covid-19 mutations and delay in vaccinesmakis - Jan 22, 2021
PM Mitsotakis’ proposal for a European vaccination certificate, which would facilitate travel without the need for a coronavirus test for…
Crete is the most popular holiday destination for BritsPanos - Jan 21, 2021
Crete is the most popular holiday destination for this year’s tourist season for the Brits, according to online searches made in…