Greece is returning to international capital markets with the reopening of a 25-year bond, seeking on Wednesday to raise 200 million euros, the Public Debt Management Authority said on Tuesday.
In an announcement, the authority said that the reopening refers to a 25-year bond maturing on January 30, 2042 issued in 2017 and offering a coupon of 4.2%. The reopening aims to satisfy investment demand and facilitate the operation of the secondary bond market. Settlement date is Wednesday 28 June. Only primary dealers will participate in the auction.
SOURCE; ANA-MPA
