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Thursday, February 9, 2023
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GreeceBusinessGreece raises 200 mln euros from reissue of 10-year bond

Greece raises 200 mln euros from reissue of 10-year bond

Hellenic News of America
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Greece on Monday successfully auctioned the reopening of a 10-year bond issue raising 200 million euros from the market.

The re-issue attracted bids totaling 1.026 billion euros and the return of the bond was set at 4.44%, up from 3.67% in the previous auction in July. The 10-year benchmark bond is currently trading in the secondary market at a spread of 2.5% against the 10-year German Bund. The coupon of the bond issue which was launched in January 2022 was 1.75%.

SOURCE; ANA-MPA

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