An auction of 10-year and 15-year bonds by the Public Debt Management Authority on Wednesday attracted strong investment interest. The Greek state raised 400 million euros from the auctions, while bids reached 2.187 billion euros. The interest rate of the 10-year bond was set a 3.98%, down from a coupon …
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Reopening of 10-year Greek bond issue attracts 26 billion euros in bids
The reopening of a 10-year bond issue by Greek authorities on Wednesday attracted 26 billion euros in bids and the interest rate of the issue was set 0.92 percent (Mid Swap + 82 basis points), down from an initial 1.0%. Greece on Wednesday opened the book-building process for the reopening …
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Greece completes 10-year bond issue with record-low interest rate
Greece on Wednesday successfully completed a 10-year syndicated bond issue raising 3.5 billion euros from the market. The interest rate of the issue was set at 0.8 pct reflecting strong demand by institutional investors (bids exceeded 25 billion euros for the bond). Finance Minister Christos Sttaikouras, commenting on the results of …
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“Greece on growth trajectory, great potential for global investors,” says PM
Greek Prime Minister Kyriakos Mitsotakis has hailed the historicrecord-breaking yield for the 10-year bond, yield that fell below 1 percent on Wednesday. In a tweet on the his prime minister’s account, Mitsotakis said that “Greece is now on a growth trajectory,” making the country a “great opportunity for global investors.” …
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Historic Low: Yield for Greek 10-Year Bond dips below 2%
Greece’s borrowing cost fell sharply and recorded a new historic low when the Greek 10-year bond yields dipped below 2% for a short time on Wednesday. The Greek bond yield fell even below the yield of the US. US: 2.05% Greece: 2.01% The downward trend for the once “skyrocketing” Greek …
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Greek 10-Year bond drops below 3% for the first time ever
For the first time in its history yield of the Greek 10-Year bond dropped below 3% and was trading at 2.98% on Friday. The 5-year b0nd recorded also a historic low trading at 1.8%. Yields for the Greek 10-year benchmark bond fell below 3.0 percent for the first time in …
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Greece announces plans to issue 10-year bond, the first since the 2010 crisis
Greece is setting the stage for a 10-year bond issue, the country’s first since its 2010 debt crisis, with a mandate given to six major banks, the Athens stock exchange said Monday. Greece “has mandated BNP Paribas, Citi, Credit Suisse, Goldman Sachs International Bank, HSBC and J.P. Morgan as joint …
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