Greece enters the markets with a 15-year bond
The Public Debt Management Agency has decided the issuance of a 15-year bond. According to an announcement by the Greek Government, BNP Paribas, Barclays, BofA, Goldman Sachs, HSBC and JP Morgan were instructed to take over the maturing version in 2035.
The joint venture will proceed in the near future, depending on the conditions on the international markets, as sources report.
It is noteworthy that Finance Minister Christos Staikouras, speaking to SKAI TV earlier today, confirmed this development, saying that “the procedures were in place”.
The question he was asked was whether the Greek Government would be issuing today a 15-year bond.
The market was expecting that, in the event that Fitch upgraded its credit rating, as it did on Friday midnight, the next immediate move would be the issuance of a 15-year bond.
You may be interested
Confrontation between Dendias & Cavusoglu at the press conferencemakis - Apr 15, 2021
Diplomatic etiquette was cast aside in an astonishing joint press conference between Greek Foreign minister Nios Dendias and his Turkish…
Russia suspends flights to TurkeyPanos - Apr 15, 2021
Russia will restrict flights to and from Turkey from April 15 to June 1 due to a rise in COVID-19…
EU member-states agree to issue Covid-19 travel certificatePanos - Apr 15, 2021
European Union countries today formally agreed to issue Covid travel certificates as a step towards reopening tourism this summer with…