The Greek Finance Ministry is preparing for its return to capital markets this month, in anticipation of a decision by Fitch Ratings over the country’s credit rating on January 14.
The credit rating agency, in a recent report, said that the latest decision by the European Central Bank to continue purchases of Greek bonds by 2024, significantly supported the sustainability of Greek debt and significantly reduced investment risk for Greek bonds.
The Greek state is expected to raise nearly 12 billion euros through bond issuances in 2022.
In the domestic electronic secondary bond market, the 10-year bond yield was 1.30% and the German Bund yield -0.30%, with the yield spread between them at 1.43%. Turnover was 24 million euros, of which 18 million were buy orders.
SOURCE: AMNA
