Greece’s borrowing cost drops to lowest level in last 12 years

Greece’s borrowing cost drops to the lowest level of the last 12 years, as Greek debt securities are benefited from the expectations for higher growth rate, the country’s exit from the bailout program in 2018 and the increased demand for bonds with higher yield.

The yield of the 10-year bond fell last week to 3.8%, while the yield of the 2-year bond reached 1.49%. It is pointed out that Greek bonds have achieved the best yields for 2017 among the Eurozone treasury bonds.

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RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinations Greek travel marketGreek tourism statisticsGreek tourism report

Photo Source: Wikimedia Commons Copyright: DaveOinSF~commonswiki  License: CC-BY-SA

Source: int.ert.gr

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