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Greece to Test Bond Market Again with New Issue

greece-bond-marketATHENS, Greece (AP) — Greece says it will issue a three-year bond following its successful bid to tap debt markets in April after a four-year absence.
A finance ministry statement Wednesday said the bond “is expected to be launched and priced in the near future, subject to market conditions.”
Bailed-out Greece regained bond market access in April, four years after it was saved from bankruptcy by an international bailout. The five-year issue raised 3 billion euros ($4.14 billion) with a 4.75 percent coupon.
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