Greek Bond Offer Generates 1.5 Billion Euros

July 10, 2014
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The Greek Finance Ministry issued a statement confirming that the nation generated 1.5 billion euros, from three-year bonds holding a 3.5% yield.

As reported by ekathimerini, Athens stated that it acquired 3 billion euros worth of offers and was predicted to gain 2.5 to 3 billion euros, however the actual demand was drive down to worries over the status of a leading company of Portugal's biggest bank.

The Finance Ministry commented, "The government expresses its satisfaction that once again international investors showed their confidence in the Greek economy...This way, the effort to create a full yield curve continues", as reported by Reuters.

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