German rating agency Scope Ratings affirmed on Friday Greece’s BBB- rating, while upgrading the Greek economy’s outlook to positive.
German rating agency Scope Ratings affirmed on Friday Greece’s BBB- rating, while upgrading the Greek economy’s outlook to positive.
Standard & Poor’s upgraded the long-term credit rating of the four systemic banks and Aegean Baltic Bank on Thursday.
Cyprus faces a challenging time as it navigates plans for a foray into the financial markets.
The Nasdaq billboard is situated at the heart of New York’s iconic Times Square.
Fitch Ratings affirmed Greece’s credit rating at “BBB-” with a stable outlook, maintaining the rating it had assigned six months ago when Greek bonds were elevated to investment grade.
Strong investment interest was recorded on Wednesday in the reopening of the 10-year Greek government bond.
Titan is getting ready to list its US subsidiary, Titan America, on the US stock exchange.
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%.
Greece drew 3 billion euros from the issue of a new 30-year bond on Wednesday, securing considerable demand for the issue.
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.
Credit ratings agency S&P on Friday revised its outlook on Greece to “positive” from “stable,” saying the tight fiscal regime will continue to spur a reduction in the government debt ratio.
Greece’s next market foray with a new bond is possible as early as next month, according to estimates.
The National Bank of Greece announced this week that it has successfully completed the placement of a reduced-security bond in the market amounting to 500 million euros with a return of 5.875%.
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 […]
The markets “rate” Greek bonds in the “A” category, five notches higher than their current average rating of “BBB-”.
Moody’s remained on Friday the only major rating agency to maintain Greece outside the investment-grade states.