bonds
Business
Greek Stocks and Bonds Rally After Mitsotakis Election Win
Greek stocks and government bonds rallied on Monday after the conservative government of PM Kyriakos Mitsotakis secured a stunning victory in the elections.
The Athens Stock Exchange General Index rose as much as 7.3% in trading on Monday, extending its...
Economy
Greece Receives Record Demand for its Bond Sale
Greece received its strongest-ever demand for a bond sale and cemented its place as one of Europe’s most sought-after borrowers.
Economy
Eurozone Accepts Greek Government Bonds as Collateral
Greece welcomed a decision by the European Central Bank on Tuesday to accept Greek government bonds as collateral as a move “that will further boost liquidity in the economy.”
"We welcome the ECB's decision to accept Greek government bonds as...
Economy
Greek Bonds Drop Below 1% Milestone For the First Time in History
Greece's 10-year state bonds broke into new historic record-low territory on Wednesday, dropping below the one-percent milestone for the first time in history.
The country's 10-year bonds were trading at a yield of 0.962% on Wednesday afternoon, down from 1.08%...
Economy
Greek 15-Year Bond Attracts Record Orders at Very Low Interest
With bids reaching a stunning 19 billion euros, Greece's first 15-year state bond offers book closed in very impressive fashion on Tuesday afternoon.
The Greek state had initially intended to withdraw just 2.5 billion euros, but the investor's trust in...
Economy
Greece Launches 15-Year State Bond, Signaling Return to Financial Normality
Greece's Public Debt Management Authority announced the launch of a 15-year state bond in a statement released on Monday.
The announcement came just 48 hours after the credit rating agency Fitch upgraded the country's credit rating to BB from BB-.
This...
Business
Greece's Borrowing Costs Hit New Record Low, Raising Economic Hopes
Greek state bond prices continued their downward rally on Wednesday, with the 10-year bond yield falling to a new all-time low of 1.811 percent.
Greece's borrowing costs rallied to the bottom after the government announced the full abolition of capital...
Business
Greece's Borrowing Costs Hit New All-Time Low
Greece’s borrowing costs have tumbled to a record low on Wednesday, reflecting hopes among foreign investors that the new government will be able to reinvigorate Greece’s reform program.
The 10-year bond yield fell 2.6 percent on a daily basis on...
Cyprus
Cyprus to Tap Markets With its First-Ever 30-Year Bond
Cyprus has mandated investment banks to manage a double bond issue comprising a 5-year and a 30-year, euro-based bonds, the country's Ministry of Finance announced on Tuesday.
This will be the first time Nicosia will borrow money on the international...
Economy
Greek Bond Rally Continues, 10-Year Yield At Lowest Level Since 2005
Thursday brought some good news for the Greek economy as the country's government bond yields continued their downward trend, reaching the lowest levels seen in more than thirteen years.
More specifically, Greece's 10-year bond yield reached 3.36 percent, which is...