Greece’s 5-year bond issue attracts more than 20 billion euros in bids

Τhe issue of a Greek 5-year syndicated bond has attracted more than 20 billion euros in bids sources told media on Wednesday.

Greece opened the book-building process on a new five-year bond and initial guidance was set at the area of mid-swaps plus 55 basis points.

The same sources said that the initial guidance for the yield of the five-year bond was 0.28 pct, but fell to 0.20 pct, with the spread set at mid swaps+47 basis points.

Barclays, BofA Securities, Citi, Commerzbank, Morgan Stanley and Societe Generale were appointed to joint lead manage the issue due February, 2026.

International capital markets are offering a new vote of confidence in the Greek economy, the sources added.