Finance Ministry: Greece raises 3.0 billion euros from 10-year bond issue

Greece raised 3.0 billion euros at an interest rate of 1.8% through a book-building process for a 10-year bond issue which was completed early Wednesday afternoon, ANA reports.

Greek Finance Minister Christos Staikouras, commenting on the results of the first bond issue of 2022, said the interest rate of the issue was “particularly satisfactory taking in mind conditions prevailing in international markets”.

According to sources, offers placed during the book-building process surpassed 15 billion euros. The final interest rate was set with a margin higher by 1.4% compared with the base interest rate of the interbank market.

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-Efthymiadis

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