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
Greek tourism contributes 23.4 billion euros to GDPPanos - Sep 22, 2020
Greek tourism contributed directly to the country’s economy with 23.4 billion euros (+ 10.9% or + 2.3 billion euros compared…
Huge Christian cross on Greek soil at borders with Turkey annoys ErdoganPanos - Sep 22, 2020
The independent news portal Ahval News, which covers news from Turkey, claims that Erdogan will complain to German Chancellor Merkel…
Suspicious package sent to German parliament investigatedPanos - Sep 22, 2020
Berlin police say they’re investigating a suspicious package that arrived Tuesday morning in the mail room of the country’s parliament…