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.