Greece raises €3.5 billion through 10-year bond issue with record-low interest

Greece on Wednesday successfully completed a 10-year syndicated bond issue raising 3.5 billion euros from the market, ANA reports.

The previous 10-year bond issued by Greek on September 2, 2020 (reopening), carried an interest rate of 1.19 pct. In the domestic electronic secondary bond market, the yield spread between the 10-year Greek and German benchmark bonds eased to 1.23 pct with the German Bund yielding -0.55 pct. Turnover was 64 million euros, of which 36 million were buy orders.

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: Europa credito urgente

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