Τhe 10-year Greek benchmark bond yield has this week fallen to its lowest levels in 10 months, returning to levels last seen in August 2022. Traders said market sentiment remained positive despite comments made by European Central Bank officials over the possibility of fresh interest-rate increases. In the domestic electronic …
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Strong demand for Greece’s 5-year bond issue, raises €2.5 billion
The five-year bond issued by the Greek state on Wednesday has raised the sum of 2.5 billion euros from the market. There was very strong demand for the issue during the book-building process, with offers approaching 16 billion euros. With the syndicated issue, the Public Debt Management Agency has covered …
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Greece reissues 7-Year bond, raises €1.5 billion at 2.51%
A book-building process for the reissue of a 7-year bond attracted strong interest on Wednesday. Half an hour before the closure, bids were exceeding 5.8 billion euros, sources told media. Ultimately, the process concluded with the Greek state to have reportedly raised 1.5 billion euros at an interest rate of …
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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 successfully raises 2 billion euros from 7-year state bond
Greece successfully issued a seven-year syndicated bond loan raising 2.0 billion euros at an interest rate of 2.05% on Wednesday. Investor’s interest noted in the bond offer book reached 6.3 billion euros. The total sum of capital raised from markets after Greece’s exit form the bialout agreements has reached so …
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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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Greek 10-Year Bond yield falls below 1% for the first time ever
For the first time ever, the Greek 10-Year Bond yield fell below 1 percent. It is a milestone for a country that has been bailed out three times in the last 10 years. The Greek 10-year bond yield fell to as lows as 0.992 percent, Tradeweb pricing showed GR10YT=TWEB, dropping …
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Greece’s 10Y bond yield reaches new historic low of 1.811%
A rally in Greek bonds continued on Wednesday following the news that Greece will completely lift its capital controls. Greece’s 10-year bond yield touched a fresh record low of 1.811%. Reuters reports that the euro area’s government bond yields edged back towards record lows on Wednesday as a key part …
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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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Greece’s Finance Ministry denies reports of plans to issue 10-year bond
Greece’s Finance Ministry denied reports that it was planning to issue a 10-year government bond and its issue had been postponed due to Italy market jitters. Citing government officials, international news agency reuters said in an exclusive story that Greece has decided to push back by a few months its …
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S&P Raises Outlook On Greece Ahead Of Bond Sale, Keeps B- Rating
Consider it a kiss to the bond investors who are expected to oversubscribe the upcoming latest “triumphal” Greek return to the bond markets, as soon as next week. Moments ago, rather unexpectedly, S&P raised its outlook on Greece from Stable to Positive, but reaffirmed the Greek rating at B-. The …
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Greece hires Rothschild for €3.2mn to help the country return to bond markets
Deputy Finance Minister Giorgos Chouliarakis approved the cooperation between Greece and the financial advisory group Rotschild & Cie. The banking group is to help Greece return to the bond markets. According to the decision published today in Diavgeia system of public spending, the company will receive a total of up …
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