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’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.
Rating agency Fitch on Friday upgraded Turkey’s rating to “B+” from “B”.
DBRS Morningstar confirmed on Friday night Greece’s credit rating at BBB (low) with a stable outlook.
Greece will return to the capital markets on Wednesday with the reopening of two bonds, aiming to raise 400 million euros from investors.
The Athens International Airport shares made a spectacular debut on the Athens Stock Exchange on Wednesday, with its price rising by 14.02% in midday transactions amidst heavy trading, exceeding 50 million euros.
Greece’s Okeanis Eco Tankers Corporation is evolving into an international investment platform after its listing on the New York Stock Exchange.
The new 10-year bond issued on Tuesday by the Greek state made history, as it achieved three parallel records.
The initial public offering addressed to the Greek market for the 30% stake in Athens International Airport will be completed on February 1.