MARKETS



Bond 11 times oversubscribed
MARKETS

Greece’s new 30-year bond created the second largest bid book since 2010, as demand exceeded 33 billion euros, covering the €3 billion raised 11 times, with the yield at 4.241% and the coupon at 4.125%.


Issue of new 30-year bond
MARKETS

Armed by the surprise move from Standard & Poor’s last Friday, upgrading Greece’s outlook to “Positive,” the Public Debt Management Agency is on Wednesday set to make its second major market foray for 2024, with a new 30-year bond.



Reform and politics
OPINION

The decision by Moody’s to keep Greece’s credit rating one step below investment grade shows once again how the problems in our judicial system cost a lot of money, in addition to their undermining citizens’ confidence in institutions. There has been progress in several economic indicators in recent years, yet the problems on which the […]