Calamos Supports Greece

Markets

Greece Announces Return to Capital Markets

On Tuesday, Greece announced its return to international capital markets and mandated six banks to run a reissue process for a 7-year bond maturing in April 2027. The 7-year bond issue carries a coupon of 2 percent and yields 2.013...

US Markets Stabilize After Weekend Crash

The United States' financial markets stabilized on Monday after suffering their worst crash since 2020 last week. The markets pulled themselves back up amidst global turmoil surrounding the potential invasion of Ukraine and the introduction of a stricter Federal Reserve...

Greece Raises $3.4 Billion From 10-Year Bond Issue

Greece raised 3.0 billion euros ($3.4 billion) at an interest rate of 1.8 percent from the new 10-year bond issue on Wednesday. Finance Minister Christos Staikouras said the country's first bond issue of the year was a success as it...

As Covid Cases Rise and Elections Approach, Stay Focused on the Long Term Says Calamos

With the US election around the corner and the Coronavirus pandemic advancing we asked Greek American financial guru John Calamos to offer advice for investing during our turbulent times. By John P. Calamos Sr. Over recent days, markets have been rattled...

Calamos Sees Signs of Economic Recovery in COVID-19 Hit Times

Calamos Investments has published its views on markets and the economy in its latest 'Economic and Market Outlook.' Although there is considerable uncertainty and many challenges on the horizon, they see signs of recovery and cause for cautious optimism. The...

Athens Stock Exchange Tumbles as World Markets Infected by Coronavirus Panic

The Athens Stock Exchange plunged 13.39 percent on Monday, as investors worldwide react to the coronavirus and the oil price war launched by Saudi Arabia overnight. OPEC and Russia added to the worst one-day crash in crude prices in nearly 30...

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%...

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...

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...