Greece on Wednesday opened a book-building process for a seven-year syndicated bond, ANA reports.
The issue will be eligible for the ECB’s emergency asset purchase program. Greece’s former attempt to raise funds on capital markets was on January 28, 2020, with a 15-year benchmark bond carrying a coupon of 1.875 pct. Bids totaled 18.8 billion euros and the Greek state raised 2.5 billion euros.
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