Yields on Greek bonds continued to de-escalate over recent days, with most investors’ interest pointing to a five-year bond, all amid speculation that the country’s Public Debt Management Agency will proceed with a first post-bailout five-year bond issue in the immediate future, possibly after a ratification vote in Parliament over the Prespa agreement, naftemporiki.gr reports.
The yield on Tuesday fell under 3 percent, stopping at 2.95 percent.
According to market sources, the possible yield on a five-year bond will hover between the yield of an issue maturing in 2023 and a seven-year issue maturing in 2025.
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