Greek Bond Offer Generates 1.5 Billion Euros
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.
- Published in Economy
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.
Athens is eyeing a bond issue before August with a likely maturity of seven years to raise 2-3 billion euros, the official said, to take advantage of bond yields hovering around four-and-a-half year lows.
As reported by Hellenic market authorities, the Greek bond issue and financial institutions' share capital increases, have recently averaged twenty to thirty million euros each in commissions, when received by approximately ten premier global investment banks.