A book building process of a 15-year Greek state bond attracted bids close to 19 billion euros with the Greek state raising around 2.5 billion euros at the closing of the process on Tuesday, ANA reports.
The strong investors’ interest in the issue pushed the interest rate of the 15-year bond, maturing in 2035, below 1.9 pct. The successful completion of the new state bond issue has a symbolic significance as well since investors actively accepted that the Greek state will be in a position to serve its borrowing obligations after 2033, the year that long-term measures for Greek debt come to an end.
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