Greece
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state bonds

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...

Greek Gov't Offers Bond Swap as Step to Leave Financial Dependency

The Greek government announced a bond swap on Wednesday as a step for Greece to stand on its own feet after the end of the third bailout program in August 2018. The swap is an effort to build market confidence...

Greek Gov't: Bond Sale an Absolute Success, Opposition Derides Celebrations

"The quality and number of investors who have shown interest in this bond issue shows that the markets started showing confidence in the Greek economy," Finance Minister Euclid Tsakalotos said. The Greek government is celebrating Monday's successful bond sale claiming...

Greece's Return to Markets Met with Cautious Remarks from International Press

Greece's return to tapping the international bond markets for the first time since 2014 is met with mixed remarks from the international press. In its electronic version, German magazine Spiegel reports on Greece's test run on markets as follows: "Return...

Fin Min: Greece to Return to Bond Markets Second Half of 2016

Greek finance minister Euclid Tsakalotos told Reuters that Greece plans to return to bond markets in the second half of 2016. Tsakalotos was in London on Tuesday to speak to international investors and meet with hedge funds. He reiterated that...