Greek state raises €3 billion through new 10-year bond

Today, the Greek State raised three (3) billion euros with an interest rate of 1.57% from the market, issuing a new ten-year bond, balkaneu.com reports.

The strong demand, as supply surpassed 16.5 billion euros, allowed the Finance Ministry to increase the amount of borrowing compared to the original plan.

Commenting on the successful outcome of the new version, government spokesman Stelios Petsas noted, among other things, that “the confidence of the markets in Greece and its government is being proven in practice and this is in the interest of all Greeks”.

Greek Minister of Finance Christos Staikouras also commented on the successful issuance of the ten-year bond:

“Today, Greece has received another vote of confidence from the international investment community.

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

Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: Tilemahos Efthimiadis

 

 

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