Initial pricing of Greek 10-year bond at all-time low of 1.55%

A book-building process for the reopening of a 10-year Greek state bond issued in March 2019 opened on Tuesday with the initial pricing of the bond set at 1.55 pct, an all-time low in the history of borrowing costs for the Greek state. Greece decided to return to international capital markets on Tuesday, taking advantage of the very favorable climate prevailing in international capital markets for Greek securities. The Public Debt Management Authority commissioned BNP Paribas, Citi, Goldman Sachs, HSBC and JP Morgan to reopen an existing 10-year bond issue maturing in March 2029. The bond yields 1.385 pct in the domestic electronic secondary bond market. RELATED TOPICS: Greece, Greek tourism news, Tourism in Greece, Greek islands, Hotels in Greece, Travel to Greece, Greek destinations, Greek travel market, Greek tourism statistics, Greek tourism report Photo Source: License: CC-BY-SA Copyright: Tilemahos Efthimiadis Let's block ads! (Why?)